China Merchants Highway: Net profit in 2025 is expected to decrease by 13.38% year-on-year, with a proposed dividend of 3.73 RMB per 10 shares.

MetaMuskRat · 2026-04-04T05:26:48+00:00

People's Financial News, April 2 — China Merchants Highway (001965) disclosed its annual report on April 2. In 2025, it achieved operating revenue of 13.36 billion yuan, a year-on-year increase of 5.11%; net profit attributable to shareholders was 4.61 billion yuan, a decrease of 13.38% year-on-year; basic earnings per share were 0.6557 yuan. The company plans to distribute a cash dividend of 3.73 yuan per 10 shares (tax included). During the reporting period, China Merchants Highway's controlled road segments handled 146.33 million vehicle trips, with toll revenue of 8.76 billion yuan, down 1.8% and 3.8% respectively year-on-year. In the transportation technology sector, new contracts signed exceeded 4.1 billion yuan, a countercyclical growth of 10.67%, with regional new contracts accounting for over 50%. Emerging business new contracts increased by 40.2% year-on-year, and new technology achievements transformed into contracts worth 322 million yuan, an increase of 12.42%.

MetaMuskRat

2026-04-04 05:26:48

People’s Finance Network, April 2. On April 2, China Merchants Expressway (001965) disclosed its annual report. In 2025, it recorded operating revenue of RMB 13.36 billion, up 5.11%; net profit attributable to shareholders was RMB 4.61 billion, down 13.38% year over year; and basic earnings per share were RMB 0.6557. The company plans to distribute a cash dividend of RMB 3.73 per 10 shares (tax included). During the reporting period, for China Merchants Expressway’s controlled road segments, vehicle traffic volume reached 146.33M passenger-car-equivalent trips, and toll revenue was RMB 8.76 billion, down 1.8% and 3.8% year over year, respectively. In the transportation technology sector, during the reporting period, the company’s newly signed contract value surpassed RMB 4.1 billion, growing 10.67% against the trend. The newly signed contracts from the regions accounted for more than 50%; newly signed emerging business was up 40.2% year over year; and newly signed technology成果转化 contracts were RMB 322 million, up 12.42% year over year.

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