Qilu Expressway (HKG:1576) expects its profit for the six months ended 30 June to fall 21.6% year over year to 198 million yuan, according to a July 25 Hong Kong bourse filing.
Revenue for the period is projected to decline about 62% to 1.07 billion yuan, driven by a drop in construction income.
Shares of the company fell about 5% in Monday's recent trade.
Interim results are still being finalized, the company said.