China Railway Group (00390) said its profit attributable to owners for the six months ended 30 June 2015 rose 12.71% year-on-year to Rmb4,577 million.
Basic earnings per share were Rmb21.5 cents.
The revenue was Rmb264,518 million, a decrease of 1.07% from a year earlier.
The gross profit margin for the first half of 2015 was 8.14%, representing an increase from 7.53% for the first half of 2014. The increase in gross profit margin was primarily due to the promising growth of urban rail business which has higher gross profit margin; and the decrease in cost and expenses brought by the Group's strengthened project management.
No interim dividend will be distributed.
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