Qilu Expressway (1576) Releases Nine-Month Financial Highlights

Bulletin Express2025-10-30

Qilu Expressway Company Limited (1576) disclosed certain unaudited consolidated financial details for the nine months ended 30 September 2025. According to the announcement, revenue decreased by 61.58% to approximately RMB1,774 million, primarily attributed to lower construction business income. Meanwhile, toll income reached roughly RMB1,352 million (tax inclusive), reflecting a rise of around 73.00%, which was mainly supported by the completion and re-opening of the Jihe Expressway reconstruction and expansion project.

Net profit during the period stood at about RMB347 million, marking a decline of 11.71%. The decrease was mainly due to increased depreciation, amortization, and financial expenses following the expressway’s commissioning. As at 30 September 2025, total equity rose 2.41% to approximately RMB6,374 million compared with 30 June 2025, whereas total non-current liabilities grew 4.50% to roughly RMB11,206 million.

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