Qilu Expressway Company Limited provided unaudited earnings guidance for the year ended 31 December 2023. For the period, the company expects Revenue of RMB 5,608,829,000 and Profit of RMB 533,903,000. The Group's profit and total comprehensive income for the year ended 31 December 2023 is expected to record a year-on-year decrease of approximately 31.56%, mainly due to the decrease of approximately 47.04% in the Group's toll income from the Jihe Expressway for the year ended 31 December 2023 as compared to that for the year ended 31 December 2022.
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Mar. 27 | Qilu Expressway's Profit Slides 33% in 2023 as Jihe Expressway Undergoes Reconstruction | MT |
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