QILU EXPRESSWAY (01576) is expected to achieve a net profit of about 386 million yuan in 2025, a decrease of about 22.55% compared to the previous year.

QILU EXPRESSWAY (01576) released unaudited major financial data for the year ending December 31, 2025, with the group achieving revenue of 2.375 billion yuan (RMB, the same below), a decrease of 66.18% year-on-year; and a profit of 386 million yuan, a decrease of 22.55% year-on-year. The group expects its revenue for the year ending December 31, 2025 to be approximately 2.375 billion yuan, a decrease of about 66.18% year-on-year, mainly due to the completion of the Jihexi Expressway reconstruction and expansion project, resulting in a decrease in construction business income. Among them, toll revenue is approximately 1.768 billion yuan (including tax), an increase of about 64.32% year-on-year, mainly due to the completion of the Jihexi Expressway reconstruction and expansion project, resulting in the resumption of two-way traffic. It is expected to achieve a net profit of approximately 386 million yuan, a decrease of about 22.55% year-on-year, due to the increase in depreciation and amortization expenses and financial costs after the completion and operation of the Jihexi Expressway reconstruction and expansion project.