Qilu Expressway warns of 22% profit drop despite toll surge

Qilu Expressway Company Limited expects net profit to fall 21.62% to approximately RMB198m for the first half of 2025, despite toll income rising 70.03% to RMB847m.

Overall revenue is forecast to drop 61.98% to RMB1,067m due to reduced construction business. The profit decline reflects increased depreciation and financial costs following expressway reconstruction.