Kaustubh Sanjay​ ​Jagtap

NUS Investment Society

Equity Bottom-Up

<p>We are recommending Yuexiu Transport Infrastructure Ltd with a BUY rating. Our rating reflects our confidence in the company's prudent operating system and is further accentuated by the strong industry outlook for expressway infrastructure construction in China.</p>
<p>2Q16 Earnings Review</p>
<ul>
<li>Total income from operations up 33.7% yoy; GNSR Expressway, Yuexiu’s main source of revenue, saw a rise of 16.6% yoy in operating income, contributing to 40.2% of Yuexiu’s 1H2016 income</li>
<li>The growth in income from…</li>
</ul>

Hong Kong

Yuexiu Transport Infrastructure Ltd., through its subsidiaries, invests in, develops, operates, and manages toll highways, expressways, and bridges in China.

Yuexiu Transport Infrastructure (1052 HK)