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Beijing-Shanghai, rail line profit star

By China Daily | China Daily | Updated: 2016-07-20 07:48

Route sees 130m trips annually, was first to go into the black in three years

The Beijing-Shanghai high-speed railway has become the nation's most profitable and convenient rail project, boasting an annual profit of 6.58 billion yuan ($983.6 million), according to data released by one of its shareholders.

Beijing-Shanghai High-speed Railway Co Ltd, a subsidiary of the national railway operator China Railway Corporation, reached record revenue of 23.42 billion yuan, and net income of 6.58 billion yuan in 2015, its shareholder Tianjin Railway Construction Investment Holdings (Group) disclosed in the bond prospectus earlier this month.

Beijing-Shanghai, rail line profit star

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