Qilu Expressway Posts Mixed H1 2026 Results: Revenue Up 4.25 % to RMB1.11 Billion, Net Profit Down 1.79 %

Bulletin Express07-24

Qilu Expressway (01576) reported revenue of RMB1.11 billion for the six months ended 30 June 2026, a 4.25 % year-on-year increase. The growth was insufficient to offset softer profitability, with net profit edging down 1.79 % to RMB194.66 million.

Management attributed the earnings decline to lower toll income, which fell 4.12 % to RMB788 million (excluding tax) due to traffic diversion from nearby road projects and periodic construction-related closures.

Balance-sheet data show limited movement during the period: • Total non-current assets slipped 1.42 % to RMB18.64 billion, while current assets rose 14.80 % to RMB1.82 billion. • Total non-current liabilities increased marginally by 0.63 % to RMB10.78 billion, and current liabilities eased 0.98 % to RMB3.32 billion. • Total equity declined 1.06 % to RMB6.36 billion.

Shareholders are advised to exercise caution and not rely solely on the above figures when dealing in the company’s securities, as emphasized by the board of directors in the announcement dated 24 July 2026.

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