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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

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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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GZI Transport Announces 2005 Interim Result Profit of HK$172.5 million, up 33.2%

2005 - 09 - 23

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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 2005 . With the continuous growth of majority of the Group’s expressways and bridges and improved performance of certain class I highways and bridges, in the first half of 2005, the Group recorded a 33.2 per cent increase in profit attributable to shareholders of HK$172.5 million as compared with the same period in 2004. Basic earnings per share was 15.48 cents. Return on shareholders’ funds had also increased from 3.8 per ...

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GZI Transport Announces 2004 Annual Result Profit of HK$276.4 million, up 23.5%

2005 - 04 - 19

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GZI Transport Limited ("GZI Transport" or the "Group") [HKSE: 1052] today announced its annual results for the year ended 31 December 2004. For the year of 2004, the traffic volume of expressway increased because of the robust economic growth of Guangzhou and the whole Pearl River Delta Region, generating favorable revenue for the Group. In 2004, the Group recorded a net profit of HK$276.4 million, grew by 23.5 per cent over 2003. Basic earnings per share was HK$0.248.The Board of Directors is delighted to announce that it has recommended the payment of final dividend...

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GZI Transport Press Release - 2004 Interim Results

2004 - 09 - 09

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PRESS RELEASE For Announcement of 2004 Interim ResultsThe Director of GZI Transport Limited (the"Company") are pleased to announce the unaudited consolidated results of the Company and its subsidiaries (the"Group") for the six months ended 30th June 2004 as follows:(Unaudited)Six months ended 30th June20042003HK$’000HK$’000Turnover183,258191,580Other revenues1,5944,102Amortisation of interests in tollhighways and bridges(50,696)(47,985)Toll highways and bridgesmaintenance expenses(38,471)(41,782)Administrative expenses(17,333)(17,548)Other operating income/(expenses)(6,655)...

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GZI Transport Press Release - 2003 Final Results

2004 - 04 - 15

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The directors (the"Directors") of GZI Transport Limited (the"Company") are pleased to announce the audited consolidated results of the Company and its subsidiaries (the"Group") for the year ended 31st December 2003 as follows: As restated 20032002HK$’000HK$’000Turnover405,567355,638Other revenues4,9243,577Amortisation of interests in tollhighways and bridges (98,163)(95,456)Toll highways and bridgesmaintenance expenses (74,573)(61,817)Administrative expenses(38,802)(31,952)Other operating expenses(9,327)(378)Provision for impairment ofother...

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GZI Transport Press Release - Interim Results

2003 - 09 - 24

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(Unaudited)Six months ended 30th June20032002HK$’000 HK$’000 Turnover191,580173,883Other revenues4,1022,267Amortisation of interests in tollhighways and bridges(38,959)(37,874)Toll highways and bridgesmaintenance expenses(41,782)(36,787)Administrative expenses(16,181)(13,934)Other operating income/(expenses)(6,039)3,864Operating profit92,72191,419Finance costs(12,614)(20,437)Share of profits of associated companies87,44170,723Share of loss of a jointly controlled entity(10,215)(24,843)Profit before taxation157,333116,862Taxation(22,414)(17,169)Profit after taxation135,49599,693Minori...

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Traffic Volume Data for January to April, 2003

2003 - 05 - 23

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ProjectsAverage Daily Traffic VolumeChangeAverage Toll fare/Vehicle(Rmb)Guangshan Highway32,10412.01%10.34Guangcong Highway Section I 16,9586.86%12.52Guangshen Highway32,095339.1%6.24Guanghua Highway9,64713.6%7.90GuangcongHighway Section II 20,380(-29.39%)7.94Humen Bridge32,22612.49%38.26Guangzhou CityNorthern Ring Road 117,542(-2.02%)10.63Qinglian Highways36,2016.95%24.71Xian Expressway16,3262.26%11.49Xiang Jiang Bridge II4,003(-7.17%)10.75Guangzhou NorthernSecond Ring Expressway 10,737110.57%25.54Shantou Bay Bridge...

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GZI Transport Press Release - Final Results

2003 - 04 - 10

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Analysis of Results In 2002, GZI Transport’s profit attributable to shareholders amounted to HK$156.1 million, which was down by 29.1 per cent compared with 2001. The above result of 2002 was primarily affected by three temporary factors. Firstly, in late 2001 GZI Transport disposed Xinfeng and Dongyang Highways whose future yields will decline and no longer received contributions from these projects in 2002. Secondly, traffic volume of certain toll roads such as Guangshan and Guangzhen Highways were diverted by newly completed Guangyuan Road East nearby. Thirdly, in line with normal patt...

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GZI Transport Acquired Shantou Bay Bridge for HK$303 Million

2002 - 11 - 04

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In October 2002, GZI Transport acquired 30% stake in Shantou Bay Bridge for HK$303 million. Shantou Bay Bridge, which has been in operation since December 1995, has total length of 6.5 km including bridge length of 2.5 km and southern and northern connecting routes of 4.0 km. The bridge links Shenshan Expressway in the south and Shanfan Expressway in the north connecting traffic in coastal regions of Fujian Province and Guangdong Province. The bridge has an operation period of 35 years until December 2028. During the first nine months of 2002, daily average traffic volume of Shantou ...

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