Zhejiang Expressway Co., Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Mar'24

Net Sales

5,949.41

4,663.11

4,665.96

5,498.72

5,019.17

4,712.59

4,353.88

Other Operating Income

0.00

Total Operating income

5,949.41

4,663.11

4,665.96

5,498.72

5,019.17

4,712.59

4,353.88

Raw Material Cost

4,211.03

3,004.58

2,630.06

3,551.43

3,098.18

2,593.59

2,478.89

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

414.67

407.60

397.53

449.55

452.67

472.32

513.95

Selling and Distribution Expenses

87.34

37.29

13.87

86.43

14.28

71.42

23.01

Other Expenses

-41.47

-40.76

-39.75

-44.95

-45.27

-47.23

-51.40

Total Expenditure (Excl Depreciation)

4,298.37

3,041.87

2,643.93

3,637.85

3,112.46

2,665.00

2,501.90

Operating Profit (PBDIT) excl Other Income

1651

1621.2

2022

1860.9

1906.6999999999998

2047.6

1852

Other Income

1,431.60

1,036.40

627.03

926.27

700.51

272.34

763.10

Operating Profit (PBDIT)

3,082.65

3,661.15

3,643.35

3,785.71

3,611.99

3,380.86

3,684.37

Interest

414.67

407.60

397.53

449.55

452.67

472.32

513.95

Exceptional Items

0.00

3.22

0.00

Gross Profit (PBDT)

1,738.38

1,658.53

2,035.89

1,947.30

1,920.99

2,119.00

1,874.99

Depreciation

0.00

1,003.50

994.30

998.57

1,004.76

1,060.94

1,069.29

Profit Before Tax

2,667.97

2,250.05

2,251.53

2,337.59

2,154.55

1,850.83

2,101.13

Tax

620.65

490.19

518.91

519.06

445.25

399.18

481.04

Provisions and contingencies

0.00

Profit After Tax

1,532.29

1,411.64

1,581.62

1,485.78

1,575.29

1,388.53

1,516.27

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,532.29

1,411.64

1,581.62

1,485.78

1,575.29

1,388.53

1,516.27

Share in Profit of Associates

0.00

Minority Interest

920.09

689.23

532.89

630.84

443.71

331.58

387.99

Other related items

0.00

Consolidated Net Profit

2,452.38

2,100.87

2,114.51

2,116.62

2,019.00

1,720.11

1,904.26

Equity Capital

0.00

Face Value

1.09

1.1

1.07

1.06

1.11

1.07

1.08

Reserves

53,847.23

50,867.54

50,811.77

48,997.34

47,726.05

43,812.85

44,684.46

Earnings per share (EPS)

0.25

0.24

0.26

0.25

0.26

0.22

0.25

Diluted Earnings per share

0.25

0.24

0.26

0.25

0.26

0.22

0.25

Operating Profit Margin (Excl OI)

27.75%

34.77%

43.34%

33.84%

37.99%

43.45%

42.54%

Gross Profit Margin

44.84%

69.77%

69.56%

60.67%

62.94%

61.79%

72.82%

PAT Margin

25.76%

30.27%

33.9%

27.02%

31.39%

29.46%

34.83%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Sep 2025 is 27.58% vs -0.06% in Jun 2025

Consolidate Net Profit

QoQ Growth in quarter ended Sep 2025 is 16.73% vs -0.64% in Jun 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Sep 2025 is -37.10% vs -12.98% in Jun 2025

Interest

QoQ Growth in quarter ended Sep 2025 is 1.74% vs 2.54% in Jun 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Sep 2025 has fallen from Jun 2025

Compare Quarterly Results Of Zhejiang Expressway Co., Ltd. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(HKD)

Change(%)

Net Sales

5,949.41

4,965.36

984.05

19.82%

Other Operating Income

0.00

Total Operating income

5,949.41

4,965.36

984.05

19.82%

Raw Material Cost

4,211.03

3,433.14

777.89

22.66%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

414.67

238.11

176.56

74.15%

Selling and Distribution Expenses

87.34

54.62

32.72

59.90%

Other Expenses

-41.47

-23.81

-17.66

-74.17%

Total Expenditure (Excl Depreciation)

4,298.37

3,487.76

810.61

23.24%

Operating Profit (PBDIT) excl Other Income

1,651.04

1,477.60

173.44

11.74%

Other Income

1,431.60

353.96

1,077.64

304.45%

Operating Profit (PBDIT)

3,082.65

2,439.11

643.54

26.38%

Interest

414.67

238.11

176.56

74.15%

Exceptional Items

0.00

-61.93

61.93

100.00%

Gross Profit (PBDT)

1,738.38

1,532.23

206.15

13.45%

Depreciation

0.00

607.54

-607.54

-100.00%

Profit Before Tax

2,667.97

1,531.52

1,136.45

74.20%

Tax

620.65

305.06

315.59

103.45%

Provisions and contingencies

0.00

Profit After Tax

1,532.29

1,308.94

223.35

17.06%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,532.29

1,308.94

223.35

17.06%

Share in Profit of Associates

0.00

Minority Interest

920.09

71.97

848.12

1,178.44%

Other related items

0.00

Consolidated Net Profit

2,452.38

1,380.90

1,071.48

77.59%

Equity Capital

0.00

Face Value

1.09

1.10

0.00

Reserves

53,847.23

43,978.57

9,868.66

22.44%

Earnings per share (EPS)

0.25

0.26

-0.01

-3.85%

Diluted Earnings per share

0.25

0.26

-0.01

-3.85%

Operating Profit Margin (Excl OI)

27.75%

29.76%

0.00

-2.01%

Gross Profit Margin

44.84%

43.08%

0.00

1.76%

PAT Margin

25.76%

26.36%

0.00

-0.60%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 594.94 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 27.58% vs -0.06% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 18.53% vs 3.70% in Sep 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 245.24 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 16.73% vs -0.64% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 21.47% vs 7.97% in Sep 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 165.10 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is -37.10% vs -12.98% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -43.29% vs 27.52% in Sep 2024

Quarterly - Interest

Interest 41.47 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 1.74% vs 2.54% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -8.39% vs -16.84% in Sep 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 27.75%

in Sep 2025

Figures in %

QoQ Growth in quarter ended Sep 2025 has fallen from Jun 2025

YoY Growth in quarter ended Sep 2025 has fallen from Sep 2024