Qilu Expressway expects FY2025 net profit at RMB386 million, down 22.55%

Reuters03-16 22:52
Qilu Expressway expects FY2025 net profit at RMB386 million, down 22.55%

Qilu Expressway said it expects 2025 revenue of about RMB 2.37 billion, down 66.18% year on year, mainly due to reduced construction revenue after completion of the Jihe Expressway reconstruction and expansion. It expects toll income of about RMB 1.77 billion (tax inclusive), up 64.32%, citing the resumption of two-way traffic following the project’s completion. The company expects 2025 net profit of about RMB 386 million, down 22.55%, due to higher depreciation, amortization and financial costs after commissioning for traffic.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qilu Expressway Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260316-12054490), on March 16, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment