Zhejiang Expressway (576) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 5,321.8 million, up from RMB 4,364.1 million year-over-year.

• Net profit for the period was RMB 2,044.7 million, compared to RMB 1,977.7 million in Q1 2025.

• Total comprehensive income rose to RMB 2,305.6 million from RMB 1,749.4 million year-over-year.

Financial highlights

• Gross profit increased to RMB 2,074.3 million from RMB 1,904.2 million year-over-year.

• Securities investment gains were RMB 500.7 million, up from RMB 457.2 million.

• Operating costs rose to RMB 3,247.5 million from RMB 2,459.9 million year-over-year.

• Earnings per share (basic and diluted) were RMB 21.83 cents, down from RMB 24.68 cents year-over-year.

Outlook and guidance

• No explicit forward-looking guidance provided, but strong revenue and profit growth indicate positive momentum.