(MENAFN) The China Railway Corporation registered an after-tax loss of USD870 million in the first six months of 2014, a downturn from profit of USD 416.84 million in 2013, Xinhua reported.
Business revenues for the railway dropped 2.4 percent from the same period last year to USD77.53 billion, according to an audit report posted on the official website of China's bond market.
By June-end of 2014, the railway's total liabilities widened to USD556.33 billion from USD530.38 billion at the end of March, while total assets stood at USD864.51 billion.
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