On the evening of March 29,Fujian ExpresswayReleased the 2021 annual report, the company realizedOperating income2.977 billion yuan, a year-on-year increase of 28.00%;net profit829 million yuan, a year-on-year increase of 83.37%, and earnings per share of 0.3021 yuan; the weighted average return on equity was 8.15%, a year-on-year increase of 3.48 percentage points.
It is reported that the company’s revenue and profits mainly come from the main business of expressway operation and management. In terms of the main business of expressway operation and management, benefiting from the overall recovery of the regional economy and the good operating capabilities of the company’s main road products, the company’s operation has remained stable, and the traffic volume of the main road sections has achieved good growth. In addition, affected by the low base number caused by the exemption policy during the epidemic prevention and control period in 2020, the company’s main financial indicators have achieved substantial growth, of which operating income has reached a record high.
According to reports, the main road products operated by the company have the unique location advantages of connecting the Yangtze River Delta in the north, the Pearl River Delta in the south, the central region in the west, and Taiwan in the east. Among them, the Quanxia, Fuquan and Luoning expressways under its jurisdiction are all important parts of the Fujian section of the national expressway Shen (yang) sea (mouth) line, which runs through the most developed areas in the southeast coastal area of Fujian Province, and naturally becomes the coastal area of Fujian Province. Golden Channel. The company’s main road products will benefit from the long-term regional economic development by virtue of its natural location advantages, and have good development prospects.
Fujian ExpresswaySaid that 2022 is a key year for the implementation of the “14th Five-Year Plan”, and the company will continue to promote the implementation of the development strategy of “main business enhancement, investment-driven”.Actively plan, take the initiative, and carry out internal or external development in a timely and appropriate mannerM&Aand other ways to enhance the sustainable development capacity of the main business.
(Article Source:securitiesDaily Network)
Article source: Securities Daily.com
Responsible editor: 92
Original title: Fujian Expressway’s 2021 revenue scale hits a record high, net profit attributable to the parent increases by 83.37% year-on-year
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