Company Profile For Sichuan Expressway Company Limited

Sichuan Expressway Company Limited (0107.HK) (Hong Kong Stock)

sector: Industrials · industry: Highways & Railtracks ·

As of 5:39am IST

3.80HKD

Price Change

+0.12

Percent Change

+3.26%

Analyst Recommendations

Overview

Sichuan Expressway Company Limited (Chengyu Company) is engaged in the investment, construction, operation and management of road infrastructure projects in Sichuan Province and operating ancillary businesses related to toll roads. The three toll roads of the Company include Sichuan Chengyu Expressway (Chengyu Expressway), Sichuan Chengya Expressway (Chengya Expressway) and Chengdu Chengbei Exit Expressway (Chengbei Exit Expressway). The Company’s subsidiaries include Sichuan Highway Development Holding Company, Huajian Transportation Economic Development Centre, Sichuan Shusha Enterprise Company Limited, Sichuan Shugong Expressway Engineering Company Limited, Chengdu Chengbei Exit Expressway Company Limited and Sichuan Chengyu Expressway Advertising Company Limited.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Sichuan Expressway Company Limited's revenues increased 14% to RMB890.4M. Net income increased 34% to RMB414.1M. Revenues reflect an increase in Chengya Expressway, Chengle Expressway, Chengbei Exit Expressway and Chengyu Expressway. Net income also reflects an increase in other income & gains, a decrease in finance costs and higher share of profits & losses of associates.