Article: DAQIN RAILWAY 08 NET UP 9.33%


AsiaInfo Services
04-29-2009
Daqin Railway 08 Net Up 9.33%

SHANGHAI, Apr 29, 2009 (SinoCast Daily Business Beat via COMTEX) -- Daqin Railway Co., Ltd. (SHSE: 601006), the operator of the Datong-Qinhuangdao Railway in north China, a dedicated railway for coal transportation, gained a net profit of CNY about 6.68 billion in 2008, rising 9.33 percent from a year earlier.

Operating revenue climbed up 8.32 percent year on year to roughly CNY 22.60 billion while total profit stepped down 3.03 percent to over CNY 8.92 billion, citing its financial report. Earnings per share (EPS) stood at CNY 0.51.

Daqin Railway plans to distribute a pre-tax dividend of CNY 0.30 in cash for each share, or about CNY ...

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