|
BIZCHINA> Center
![]() |
|
UBS: Railway annual investment gap 200b yuan in 3 years
By Tu Lei (chinadaily.com.cn)
Updated: 2008-05-06 13:45
The railway sector will see an annual investment gap of 200 billion yuan ($28.60 billion) in three years, said UBS Securities yesterday in Shanghai, according to yesterday’s China Securities Journal.
Compared with other industries including power, telecommunications and banks, the railway sector is still in its initial phase with more reconstruction pressure, said UBS’s research report. Wei said the Ministry of Railways will inject more capital in three listed companies – Daqin Railways, Guangshen Railways and Tielong Container Logistics, and attract more commercial capital, including private capital. “It is impossible to issue bonds or loans to fill the gap,” said Wei, explaining that in 2006, the Ministry of Railways’ capital and interest repayments totalled 56 billion yuan, far higher than the profit of 3.2 billion yuan. Figures show that in 2006, transportation profits totalled about three billion yuan, with total assets of 1,520 billion yuan and an assets to debt ratio of 80 percent. (For more biz stories, please visit Industries)
|
||||
主站蜘蛛池模板: 怀来县| 金川县| 涪陵区| 正定县| 株洲县| 宁德市| 柏乡县| 屯留县| 福建省| 桐城市| 班玛县| 宁强县| 通化市| 昆山市| 广德县| 武隆县| 东兰县| 汨罗市| 咸阳市| 镇江市| 兴化市| 施甸县| 图木舒克市| 霍山县| 宁强县| 清远市| 花莲县| 筠连县| 景宁| 故城县| 普洱| 盐城市| 洪泽县| 元氏县| 迭部县| 临沂市| 吉安县| 冀州市| 桐梓县| 宜州市| 滦南县| 高要市| 广州市| 高密市| 区。| 山西省| 大丰市| 响水县| 鄂托克前旗| 墨脱县| 汶上县| 沧源| 怀集县| 西华县| 尉犁县| 邹平县| 二连浩特市| 凤凰县| 和龙市| 哈密市| 绥滨县| 盐城市| 德化县| 额济纳旗| 任丘市| 准格尔旗| 桐乡市| 西丰县| 建昌县| 始兴县| 广安市| 怀来县| 从化市| 军事| 莱芜市| 家居| 清远市| 固原市| 广南县| 达日县| 富锦市| 来安县|