In the first quarter of 2022, Shandong Expressway scientifically coordinated epidemic prevention and control, production and operation, overcame various difficulties, and operated smoothly and orderly, basically achieving the goal of "making a good start in the first quarter and making a steady start".
In terms of road and bridge operation, the company overcame the epidemic situation and carried out the work of road length system, all-weather traffic, bridge and tunnel safety management and digital upgrade. Toll revenue showed a good momentum in June, 438+0-February. Although it was affected by the epidemic in Shandong Province in March, it achieved the expected goal on the whole. In the first quarter, the toll revenue (including tax) was 654.38+93.5 million yuan (excluding Qilu Expressway), realizing the average daily toll revenue. Among them, the related sections of Beijing-Taiwan Expressway increased the most, and the toll revenue was 374 million yuan, up by 565,438+0.99% year-on-year, mainly because the Deqin section of Beijing-Taiwan Expressway was rebuilt and opened on July 65,438+06,5438+06. In addition, during the reporting period, Qilu Expressway Co., Ltd. realized a revenue of 377 million yuan and a profit of 65.438+72 million yuan.
During the reporting period, Shandong expressway construction was carried out in an orderly manner and progressed smoothly. In the first quarter, the company coordinated the work of "anti-epidemic" and "maintaining stability", actively carried out the labor competition activity of "working for 100 days in spring", and the Ji Tai project quickly resumed work and production, completing the quarterly construction task 10 days ahead of schedule; At the same time, the company made every effort to promote the landing of the Seventh Engine Project and the completion acceptance of Qing Ji. The reconstruction and expansion project of Qing Ji was successfully named as "20 19 Highway and Waterway Construction Project Safety Project" nationwide.
It is worth noting that in the first quarter, the company made steady progress in investment operation, focused on improving the efficiency of project decision-making and the conversion rate of reserve projects, and accelerated the flowering of main business investment, financial investment and fund projects, achieving an investment income of 239 million yuan, a year-on-year increase of 23.60%, achieving the expected goal. Among them, the long-term equity investment income calculated by equity method is 65.438+0.38 billion yuan, the investment income of transactional financial assets during holding period is 0.6 billion yuan, and the interest income of bond investment during holding period is 0.94 billion yuan.
In addition, rail transit has also played a positive supporting role in the company's net profit. In the first quarter, rail transit achieved an operating income of 846 million yuan and a net profit of 654.38+0.4 billion yuan, a year-on-year increase of 2.895438+0%. Specifically, the railway transportation revenue was 525 million yuan, basically the same as the same period of last year, and the net profit was 78 million yuan, up 77.83% year-on-year. The product manufacturing sector realized a cumulative revenue of 255 million yuan, a year-on-year increase of 565,438+0.97%, and a net profit of 39 million yuan; The accumulated income of trade, logistics and other industries is 65 million yuan.
Shandong Expressway said that the company will continue to focus on all-weather traffic, road length system and standardization system construction, ensure and increase toll revenue, seize the opportunity of the country and Shandong Province to vigorously promote transportation infrastructure construction, and constantly create new profit growth points, ensure the completion of annual production and operation tasks, realize the company's high-quality development, and bring long-term and stable returns to shareholders.