QILU EXPRESSWAY Anticipates 2025 Net Profit of Approximately 386 Million Yuan, Reflecting a 22.55% Decrease

Stock News03-16 23:00

QILU EXPRESSWAY (01576) has released its unaudited key financial data for the year ending December 31, 2025. The group reported revenue of 2.375 billion yuan, representing a decrease of 66.18% year-on-year. Profit was 386 million yuan, a decline of 22.55% compared to the previous year.

The group anticipates its revenue for the year ending December 31, 2025, will be approximately 2.375 billion yuan, a projected decrease of about 66.18%. This is primarily attributed to a decline in construction business revenue following the completion of the Jining-Heze Expressway expansion and upgrade project. Within the total revenue, toll revenue amounted to approximately 1.768 billion yuan (including tax), an increase of about 64.32% year-on-year. This growth is mainly due to the restoration of two-way traffic flow after the completion of the Jining-Heze Expressway project.

The company expects to achieve a net profit of approximately 386 million yuan for the period, which is projected to decrease by about 22.55%. This expected decline in profit is due to increased depreciation, amortization, and financial costs following the completion and commissioning of the Jining-Heze Expressway expansion.

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