China Railway Group (00390) said its profit attributable to owners for the six months ended 30 June 2014 rose 16.4% year-on-year to Rmb4,061 million.
Its basic earnings per share were Rmb19.1 cents.
The total revenue was Rmb267,380 million, an increase of 11.9% from a year earlier.
The gross profit margin for the first half of 2014 was 7.5%, an increase from 7% for the first half of 2013, which was primarily due to reasonable gross profit margin for those railway projects acquired in last year which were under normal construction stage; promising growth of municipal works and urban rail businesses which have higher gross profit margin.
No interim dividend will be distributed.
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