403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
China Railway Surpasses One Trillion Yuan
(MENAFN) China State Railway Group Co., Ltd. (China Railway) announced on Monday that its transport revenue for 2025 reached 1.0204 trillion yuan (approximately 145 billion U.S. dollars).
This marks the first time the company has exceeded the 1 trillion yuan threshold, reflecting a 3.1 percent year-on-year increase.
The railway operator attributed this achievement to stricter budget management and enhanced cost controls, which generated savings of 19.7 billion yuan.
In addition, the company strengthened its financial standing by lowering its debt-to-asset ratio by one percentage point, bringing it down to 62.5 percent by the end of 2025.
Looking ahead to 2026, China Railway stated it will continue pursuing market-oriented and law-based operations.
Key priorities include advancing the transformation and growth of non-transport businesses and maintaining strict oversight of non-essential expenditures.
This marks the first time the company has exceeded the 1 trillion yuan threshold, reflecting a 3.1 percent year-on-year increase.
The railway operator attributed this achievement to stricter budget management and enhanced cost controls, which generated savings of 19.7 billion yuan.
In addition, the company strengthened its financial standing by lowering its debt-to-asset ratio by one percentage point, bringing it down to 62.5 percent by the end of 2025.
Looking ahead to 2026, China Railway stated it will continue pursuing market-oriented and law-based operations.
Key priorities include advancing the transformation and growth of non-transport businesses and maintaining strict oversight of non-essential expenditures.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment