Core Insights - The China National Railway Group (referred to as "the company") reported a revenue of 1,283 billion yuan for 2024, marking a 3.0% year-on-year increase, with a net profit of 39 billion yuan. For the first quarter of 2025, the company achieved a revenue of 281.4 billion yuan [2] Passenger Transport - In 2024, the company sent 4.31 billion passengers, a year-on-year increase of 11.9%, with a single-day peak of 21.448 million passengers, both setting historical records. In the first quarter of 2025, the company completed the transportation service guarantee tasks for the Spring Festival, Winter Olympics, and the National Two Sessions, sending 1.074 billion passengers, a 5.9% year-on-year increase, also a historical high for the same period [2] Freight Transport - The company completed a total freight volume of 3.99 billion tons in 2024, a 1.9% year-on-year increase, achieving growth for eight consecutive years. In the first quarter of 2025, the company accelerated the development of a modern logistics system, with a total freight volume of 970 million tons, a 3.1% year-on-year increase [2] Investment - In 2024, the company completed fixed asset investments of 850.6 billion yuan, a year-on-year increase of 11.3%, and put into operation 3,113 kilometers of new lines, including 2,457 kilometers of high-speed rail. By the end of 2024, the total railway operating mileage reached 162,000 kilometers, with high-speed rail accounting for 48,000 kilometers. In the first quarter of 2025, the company focused on key national projects and completed fixed asset investments of 131.2 billion yuan, a 5.2% year-on-year increase [3] Financial Performance - The company achieved a total transportation revenue of 990.1 billion yuan in 2024, with total profits reaching a historical high. By the end of 2024, the company's asset-liability ratio was 63.51%, a decrease of 2.03 percentage points from the previous year, indicating significant progress in high-quality development [3]
客货两旺推高铁路营收,2024年铁路净利润达39亿元,利润总额创历史最好水平|快讯
Hua Xia Shi Bao·2025-04-30 12:00