2022 Annual Results

Agenda

01 Result Highlights

02 Review of Operations

03 Outlook & Growth Strategies

04 Appendices

Result

Highlights

Result Highlights

Results

Rmb '000

2022

Revenue

14,898,730

-- Including: Interest income under effective interest method

2,390,436

Operating costs

(8,857,926)

Gross profit

6,040,804

Securities investment gains

679,734

Other income and gains and losses

2,093,933

Administrative expenses

(172,616)

Other expenses

(119,701)

Impairment losses under expected credit loss model, net of reversal

(11,742)

Share of profit of associates

752,086

Share of profit of a joint venture

49,771

Finance costs

(1,770,008)

Profit before tax

7,542,261

Income tax expense

(1,039,051)

Profit for the year

6,503,210

-- Attributable to owners of the Company

5,378,866

-- Attributable to non-controlling interests

1,124,344

EPS (basic) (Rmb cents)

123.85

EPS (diluted) (Rmb cents)

117.62

4

2021

16,262,601

2,247,361

(9,521,482)

6,741,119

1,835,563

733,071

(173,447)

(117,363)

65,391

966,075

56,249

(1,942,533)

8,164,125

(1,873,961)

6,290,164

4,762,431

1,527,733

109.65

102.50

%Change

-8.4%

6.4% -7.0%

-10.4%-63.0% 185.6% -0.5% 2.0%

NA

-22.2%

-11.5%

-8.9%

-7.6%

-44.6%

3.4%

12.9% -26.4%

12.9%

14.8%

Result Highlights - Revenue

Revenue

Rmb million

18,000

16,263

16,000

14,899

14,000

11,837

12,617

12,452

12,000

10,000

8,000

6,000

4,000

2,000

0

Revenue Breakdown

Toll Road Business

Securities Business

40.8%

58.1%

Other Business 1.1%

Overall revenue for the Group was Rmb 14,898.73 million, a decrease of 8.4% y-o-y

5

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Zhejiang Expressway Co. Ltd. published this content on 31 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2023 07:34:02 UTC.