Chinese high-speed railway giant remains profitable in Q1 despite COVID-19 bite

Beijing-Shanghai High Speed Railway Co. Ltd., the operator of one of the country's most lucrative railway lines, remained profitable in the first quarter of this year despite the COVID-19 epidemic's hard hit on the transport industry.

In the first three months of this year, the company recorded 324 million yuan (about 46 million U.S. dollars) in profit attributable to equity holders, down 86.33 percent year on year, according to its report filed with the Shanghai Stock Exchange.

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