Brief: Hopewell Highway Infrastructure says HY net profit dropped 4 pct year-on-year to RMB251 mln

Shenzhen Investment Holdings Bay Area Development

24/02/2016 08:23

Feb 24 (Reuters) - Hopewell Highway Infrastructure Ltd  0737.HK : 
 
 * Company believes that FY 2016 is a challenging year to the group 
 * Says HY net profit attributable to owners of the company dropped 4% year-on-year to RMB251 million 
 * Company still maintains a positive outlook on the future performance of the group 
 * On 2 February 2016, the board declared an interim dividend of RMB8.4 cents  per share 
 * Expected that more private car cross-border licenses will be issued for the  new hzm bridge border crossing 
 * Impact of the new arrangements on the group's expressway projects is expected  to be neutral going forward 
 * Interim results for the six months ended 31 December 2015  0737.HK  
 * Company still maintains a positive outlook on the future performance of the group" 
 
* Source text for Eikon  ID:nHKS2dt2S  
 
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