Qilu Expressway Forecasts H1 Profit Drop; Shares Slide 5%

MT Newswires Live
2025/07/28

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.

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