STOCKS | Longjian Shares Reports First-Half Net Profit of 74.03 Million Yuan, Up 5.86%

Longjian Shares said its revenue for the first half was 4.922 billion yuan, down 3.17% from a year earlier, while net profit came to 74.0318 million yuan, up 5.86%. According to Jin10, the company said the infrastructure sector was constrained by macro policy adjustments, a slower pace of market investment release, and issues such as early-stage project procedures. It added that some road and bridge construction projects started and progressed more slowly than expected, while completed settlement volume contracted, causing a slight year-on-year fluctuation in revenue and profit during the period.