Bay Area Development (00737) announced that in February 2024, the total monthly toll revenue of the Guangzhou-Shenzhen Expressway was about 1.5...
According to the Zhitong Finance App, Bay Area Development (00737) announced that in February 2024, the total monthly toll revenue of the Guangzhou-Shenzhen Expressway was about 152 million yuan (RMB, same below), a decrease of 36% over the previous year. The total monthly toll revenue of the Guangzhou-Zhuhai-West Expressway was about 73.165 million yuan, a decrease of 33% over the previous year. The total monthly toll revenue of the Yanjiang Expressway (Shenzhen section) was 307.78 million yuan, a decrease of 38% over the previous year.
According to reports, toll revenue for the Guangzhou-Shenzhen Expressway, Guangzhou-Zhuxi Expressway, and the Yanjiang Expressway (Shenzhen section) decreased year-on-year in February 2024, mainly due to the different dates of implementation of the free traffic measures for buses with 7 seats or less during the Lunar New Year holiday period.