Daqin Railway Co. Ltd. said its normalized net income for the second quarter came to 20 fen per share, compared with the S&P Capital IQ consensus estimate of 27 fen per share.
EPS climbed year over year from 19 fen.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 3.00 billion yuan, a gain from 2.94 billion yuan in the year-earlier period.
The normalized profit margin rose to 21.8% from 21.8% in the year-earlier period.
Total revenue grew on an annual basis to 13.69 billion yuan from 13.46 billion yuan, and total operating expenses increased on an annual basis to 9.48 billion yuan from 9.35 billion yuan.
Reported net income totaled 3.63 billion yuan, or 24 fen per share, compared with 3.66 billion yuan, or 24 fen per share, in the year-earlier period.
As of Aug. 26, US$1 was equivalent to 6.41 yuan.
