江西赣粤高速公路股份有限公司2025年半年度报告摘要

Core Viewpoint - The company reported stable financial performance in the first half of 2025, with a focus on operational efficiency and innovation in various sectors, including highway operations and smart transportation [3][4][5]. Financial Performance - Total assets reached 37.269 billion yuan, with net assets attributable to shareholders at 19.010 billion yuan and a debt-to-asset ratio of 43.90% [3]. - The company achieved operating revenue of 3.081 billion yuan, total profit of 1.111 billion yuan, and net profit attributable to shareholders of 764 million yuan, with a basic earnings per share of 0.33 yuan [3]. Highway Operations - The company adapted to new industry trends and public demands, resulting in a toll service revenue of 1.796 billion yuan, reflecting a year-on-year increase of 1.05% [4]. Other Business Operations - In the smart transportation sector, the company advanced 27 technology projects, completed 7 projects, and received 11 patent authorizations [5]. - The company also focused on enhancing its oil product sales strategy amid market fluctuations, while its real estate subsidiaries implemented innovative marketing measures [6][7]. Project Development - The company emphasized high-quality project construction, with significant progress on the Zhangji Highway expansion project, aiming for completion by the end of the year [9]. Debt Financing - The company effectively reduced financing costs, with financial expenses amounting to 108 million yuan, a decrease of 41.63% compared to the previous year, and an average new debt financing cost of 1.74% [10].