Qilu Expressway Posts Mid-Year Net Profit of RMB 194 Million, Down 3.09% Year-on-Year

Stock News08-26 21:56

Qilu Expressway (01576) has announced its interim results for the six months ended June 30, 2026, revealing a slight dip in profitability despite a modest uptick in revenue.

The group generated total revenue of RMB 1.113 billion, marking a 4.25% increase compared to the same period last year. However, profit attributable to shareholders of the company declined by 3.09% to RMB 194 million, with earnings per share standing at RMB 0.09.

Throughout the reporting period, the group remained proactive in expanding its business operations. Beyond toll revenue collected from the expressways under its management, Qilu Expressway diversified its income streams through its subsidiaries. These include revenue from highway engineering and ancillary facility construction projects, as well as sales generated from the processing and distribution of industrial products.

Additionally, the group recorded service income from leasing communication signal transmission pipelines and billboards along the expressway corridors, alongside fees from advertising services provided to third parties.

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