YUEXIUTRANSPORT (01052): The revenue from tolls on the Guangzhou North Second Ring Expressway in July was RMB 97.056 million, a year-on-year decrease of 7.8%.

YUEXIU TRANSPORT (01052) announced that in July 2024, the toll revenue of Guangzhou North Second Ring Expressway was 97.056 million yuan, a decrease of 7.8% compared to the previous year. The toll revenue for the first 7 months of 2024 was around 607 million yuan, a decrease of 7.4% compared to the previous year. Since entering the summer vacation period in July 2024, most of the group's project traffic and toll revenue have increased month-on-month. However, due to the optimization of COVID-19 prevention and control measures in 2023 and the recovery of the macro economy, the public's willingness to travel has increased, leading to higher baseline figures for the same period last year's summer vacation. Therefore, most of the group's project traffic and toll revenue have decreased compared to the previous year.