Chengdu Expressway Co. Ltd. Reports 0.5% Revenue Increase, Expressway Segment Up 2.0% in Interim 2025 Results

Reuters
Sep 08
Chengdu Expressway Co. Ltd. Reports 0.5% Revenue Increase, Expressway Segment Up 2.0% in Interim 2025 Results

Chengdu Expressway Co. Ltd. has released its interim report for the first half of 2025, showing a slight increase in overall revenue. The company reported revenue of RMB1.416 billion, marking a 0.5% increase from the RMB1.410 billion recorded in the same period of 2024. The expressway segment, a key component of the company's operations, reported revenue of RMB772.7 million, up by 2.0% year-on-year. Toll income, which constitutes a significant portion of the expressway segment, reached RMB675.8 million. Despite minor fluctuations in individual expressway revenues, such as a 0.02% increase for Chengguan Expressway and a 1.0% decrease for Chengpeng Expressway, the overall segment performance remained stable. Revenue from operation and management services saw a notable rise of 22.7%, while maintenance services experienced a significant growth of 58.3%. Other income included forward traffic volume compensation amounting to RMB3.54 million and income from the leasing business of RMB3.47 million. Additionally, the energy segment contributed RMB644.3 million, accounting for 45.5% of total revenue for the period. The company continues to focus on enhancing operational efficiency and quality, with ongoing efforts in cost control, innovation-driven development, and efficiency enhancement. The report highlights the company's commitment to optimizing production and operations, expanding its core business, and exploring innovative business models.

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