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GZI Transport Announces 2010 Interim Results

2010 - 08 - 10

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Revenue Records a Double-digit Increase, Profits Rise Over 50% (Hong Kong, 10 August 2010)…GZI Transport Limited (“GZI Transport” or the “Company”) (Stock Code: 1052) announced today the unaudited interim results of the Company and its subsidiaries (collectively the “Group”) for the 6 months ended 30 June 2010 (the “Reporting Period”). And analyst meeting and press conference were hold at the Island Shangri-La Hotel in Pacific Place with more than 60 fund managers, analysts and reporters attending. During the Reporting Period, revenue of GZI Transport amounted to RMB571.4 milli...

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The Guang-Wu Expressway now completely opens for traffic

2010 - 07 - 12

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The Guang-Wu Expressway now completely opens for traffic,it only takes 3 hours driving from Guangzhou to Wuzhou via Cangyu Expressway In June 30th, the Yun-Wu Expressway, linking Hekou town with Pingtai town in Yunfu city, opens for traffic in the morning. Since then, the construction of Guang-Wu Expressway is completed, indicating that it would only take approximately 6 hours driving from Nanning via Wuzhou to Guangzhou, 2 hours less than before. (It used to take more than 4 hours driving from Wuzhou to Guangzhou via Cangyu Expressway, but only 3 hours right now) The Hekou-to-...

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Impressive performance appraised, GZT completely displayed its high sense of social responsibilities

2010 - 05 - 20

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During the May holiday started from April 30th to May 9th, GZI Transport Limited (“GZT”) and its subsidiaries in Guangdong Province successfully reduced traffic congestions through utmost extent in expressways and toll stations. Moreover, HuoCun and LuoGang toll stations of GNSR cooperated with counterparts of nearby expressways, helping GNSR and nearby expressways reach a win-win situation. GZT’s impressive performance in the task has completely displayed its excellent executive capacity and high sense of social responsibilities, which were praised as both economic and social b...

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Deutsche Bank and other institutional investors visit GZI Transport

2010 - 04 - 06

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On 9 February 2010, representatives of Deutsche Bank, First Shanghai Investments Limited and Guangzhou Securities Co., Ltd. and other institutions visited GZI Transport. Pan Yongqiang, Deputy General Manager, updated our guests with the current assets position, operating conditions and future development strategies of GZI Transport, accompanied the visiting representatives to make on-site visits to expressway projects which included GWSR Expressway, GWSR Expressway and Northern Ring, and gave detailed answers to questions raised by them. The visiting representatives all look forward to fr...

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The official inauguration of the road affairs team of GNSR Expressway

2010 - 04 - 06

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On 19 January 2010, the inauguration ceremony of the road affairs team of GNSR Expressway under Guangdong Provincial Highways Management Bureau was grandly held at the Guangzhou GNSR Expressway Administration Center （廣州市北二環高速公路管理中心）, with the honor of having Wang Jun, Deputy Director of Guangdong Provincial Highways Management Bureau, and Li Xinmin, General Manager of GZI Transport as guests. At the ceremony, General Manager Li Xinmin and Deputy Director Wan Jun delivered speech respectively. General Manager Li pointed out the three crucial elements in carrying out road affairs works smo...

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Efforts of Cangyu were highly recognized by Guangxi Expressway Administration Bureau

2010 - 04 - 06

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On 17 December 2009, the Expressway Administration Bureau of Guangxi Autonomous Region conducted a year-end performance review on Guangxi Cangyu Expressway. The review focuses on five areas and involves comprehensive inspections with respect to road surface conditions, green conservations, road affairs management, toll stations and spiritual cultivation. The inspection team has a high opinion of achievements attained by Cangyu Expressways Company （蒼郁高速公路公司）in 2009 and believes that the management experience, marketing ideology, unremitting efforts in road surface maintenance and green conserva...

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The Xiaotang to Maoshan section of Guangzhou GWSR Expressway has passed the completion inspection

2010 - 04 - 06

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On 18 December 2009, the completion inspection meeting of the Xiaotang to Maoshan section of Guangzhou GWSR Expressway, which GZI Transport Limited has investment interests, was held at Guangzhou Baiyun International Convention Centre. The total distance of the project is 39.17 kilometers, with roadbed width of 33.5 meters and is a two-way six-lane expressway. This asphalt concrete surface expressway has a design speed of 100km/h and the total construction cost is 2.7318 billion, while project quality grading is excellent.

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GZI Transport Announces its 2009 Annual Results

2010 - 03 - 16

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GZI Transport Announces its 2009 Annual Results Revenue Reached HK$1.14 billion, a Record-High since Listing (Hong Kong, 16 March 2010)…GZI Transport Limited (“GZI Transport” or the “Company”) (Stock Code: 1052) announced today the annual results of the Company and its subsidaries (the “Group”) for the 12 months ended 31 December 2009 (the “Year”). Revenue of the Group for the Year increased significantly by 12.0% as compared to 2008 to HK$1.14 billion, which was a record high since its listing in Hong Kong. Profit attributable to equity holders of the Company amounted to HK$43...

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GZI Transport Acquires Equity Interests in Three Portions of Tianjin Section of Jinbao Expressway

2009 - 09 - 25

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(Hong Kong, 25 September 2009)…GZI Transport Limited (“GZI Transport” or the “Company”) (Stock Code: 1052) announces today that the Company will acquire 60% equity interests in Tianjin Jinfu Expressway Co., Ltd. (“Tianjin Jinfu”),Tianjin Langdao Expressway Co., Ltd. (“Tianjin Langdao”) and Tianjin Yuanhong Expressway Co., Ltd. (“Tianjin Yuanhong”) for a consideration of RMB340,000,000 (approximately HK$386,759,000) through its wholly-owned subsidiary Choice Tone. Tianjin Jinfu, Tianjin Langdao and Tianjin Yuanhong operate different portions of Tianjin Section of Jinbao ...

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GZI Transport Announces its 2009 Interim Results

2009 - 08 - 26

Click count: 51

GZI Transport Announces its 2009 Interim ResultsToll Revenues Grow in General, Proportion of Expressways Expands Further (Hong Kong, 25 August 2009)…GZI Transport Limited (“GZI Transport” or the “Company”) (Stock Code: 1052) and its subsidiaries (the “Group”) announced today the unaudited results for the 6 months ended 30 June 2009 (“Period”). During the Period, operating revenue of the Group amounted to HK$507 million, representing an increase of 2.7% over the corresponding period last year. Operating profit amounted to HK$327 million, an increase of 11.2% year-on-year. However, mainly d...

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GZI Transport Announces its 2008 Annual Results－－ Net Profit Increases by 23.5% to HK$607.5 Million,

2009 - 03 - 18

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GZI Transport Limited (“GZI Transport” or “Company”) (Stock Code: 1052) announces today the annual results of the Company and its subsidiaries (“Group”) for the 12 months ended 31 December 2008 (“Year”). Operating profit of the Group for the Year rose significantly by 36.9% over 2007 to approximately HK$581 million. Profit attributable to equity holders of the Company amounted to HK$607.5 million, representing an increase of 23.5% over 2007. Basic earnings per share for the year amounted to HK$0.363 (2007 (Restated): HK$0.376). The board of directors of GZI Transport recommended to pay a ...

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GZI Transport Announces 2007 Annual Result Profit of HK$581million, up 26%

2008 - 04 - 08

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GZI Transport Limited (“Company”) and its subsidiaries (collectively, “Group”) [HKSE: 1052] today announces its annual results for the year ended 31 December 2007. Both the full-year toll revenue and profit attributable to equity holders of the company for the Reporting Year reached historic highs since 1997. In 2007, the group recorded a full-year toll revenue of HK$871 million, representing a substantial increase of 94.1 per cent over 2006. The increase was mainly attributable to the toll revenue of Guangzhou Northern Second Ring Expressway Co., Ltd. (“GNSR Expressway Co.”) being 100.0 ...

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GZI Transport Announces 2007 Interim Result Profit of HK$250 million, up 25.9%

2007 - 09 - 10

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Profit of HK$250 million, up 25.9% GZI Transport Limited (“GZI Transport” or the “Group”) [HKSE: 1052] today announces its unaudited consolidated results of the Company, its subsidiaries, associates and jointly controlled entities (collectively the “Group”) for the six months ended 30 June 2007. Profit and basic earnings per share attributable to equity holders of the Company amounted to HK$250 million and HK$0.2243 respectively, both rose by 25.9 per cent over the same period last year. The Board of Directors of GZI Transport has resolved to declare an interim dividend for 2006 of ...

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GZI Transport Announces 2006 Interim Result Profit of HK$198.8 million, up 17.9%

2006 - 09 - 06

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GZI Transport Limited ("GZI Transport" or the "Group") [HKSE: 1052] today announces its unaudited interim results for the six months ended 30 June 2006 . In the first half of 2006, the Group was mainly benefited from the rapid economic development in the Pearl River Delta Region. The average daily toll traffic volume and average daily toll revenue of the majority expressway and bridge projects of the Group in the first half of 2006 had recorded a higher growth rate. In the first half of 2006, the Group recorded a 17.9 per cent increase in profit attributable to sh...

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