News News
Corporate News
2005 - 09 - 23
Click count: 63
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 ...
2005 - 04 - 19
Click count: 58
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$0.248.The Board of Directors is delighted to announce that it has recommended the payment of final dividend...
2004 - 09 - 09
Click count: 70
PRESS RELEASE For Announcement of 2004 Interim ResultsThe Director of GZI Transport Limited (the"Company") are pleased to announce the unaudited consolidated results of the Company and its subsidiaries (the"Group") for the six months ended 30th June 2004 as follows:(Unaudited)Six months ended 30th June20042003HK$’000HK$’000Turnover183,258191,580Other revenues1,5944,102Amortisation of interests in tollhighways and bridges(50,696)(47,985)Toll highways and bridgesmaintenance expenses(38,471)(41,782)Administrative expenses(17,333)(17,548)Other operating income/(expenses)(6,655)...
2004 - 04 - 15
Click count: 75
The directors (the"Directors") of GZI Transport Limited (the"Company") are pleased to announce the audited consolidated results of the Company and its subsidiaries (the"Group") for the year ended 31st December 2003 as follows: As restated 20032002HK$’000HK$’000Turnover405,567355,638Other revenues4,9243,577Amortisation of interests in tollhighways and bridges   (98,163)(95,456)Toll highways and bridgesmaintenance expenses   (74,573)(61,817)Administrative expenses(38,802)(31,952)Other operating expenses(9,327)(378)Provision for impairment ofother...
2003 - 09 - 24
Click count: 71
(Unaudited)Six months ended 30th June20032002HK$’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...
2003 - 05 - 23
Click count: 80
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...
2003 - 04 - 10
Click count: 90
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...
2002 - 11 - 04
Click count: 121
In October 2002, GZI Transport acquired 30% stake in Shantou Bay Bridge for HK$303 million. Shantou Bay Bridge, which has been in operation since December 1995, has total length of 6.5 km including bridge length of 2.5 km and southern and northern connecting routes of 4.0 km. The bridge links Shenshan Expressway in the south and Shanfan Expressway in the north connecting traffic in coastal regions of Fujian Province and Guangdong Province. The bridge has an operation period of 35 years until December 2028. During the first nine months of 2002, daily average traffic volume of Shantou ...
2002 - 09 - 23
Click count: 79
(Unaudited)Six months ended 30th June20022001HK$’000 HK$’000 Turnover173,883214,169Other revenues2,26716,310Amortisation of interests in tollhighways and bridges(37,874)(29,561)Toll highways and bridgesmaintenance expenses(36,787)(39,204)Administrative expenses(13,934)(17,131)Other operating income/(expenses)3,864(3,375)Operating profit91,419141,208Finance costs(20,437)(24,547)Share of profits of associated companies70,72370,179Share of loss of a jointly controlled entity(24,843)--Profit before taxation116,862186,840Taxation(17,169)(15,131)Profit after taxation99,693171,709Minority i...
2002 - 04 - 16
Click count: 90
2001As restated 2000HK$’000HK$’000Turnover418,616468,266Other revenues27,06044,826Depreciation of toll highways and       bridges (79,663) (56,255)Toll highways and bridges       maintenance expenses (77,101) (78,517)Administrative expenses(39,999)(45,960)Other operating expenses(4,436)(7,354)Provision for impairment of goodwill(157,243)Operating profit244,477167,763Finance costs(49,148)(52,995)Share of profits of associated companies119,744146,629Profit befo...
2001 - 09 - 18
Click count: 109
Profit And Loss Account(Unaudited)Six months ended 30th June20012000HK$’000 HK$’000 Turnover214,169231,304Cost of sales(68,765)(68,128)Gross profit 145,404163,176Other revenues 16,31024,034Administrative expenses(17,131)(19,570)Other operating expenses(3,375)(3,239)Operating profit 141,208164,401Finance costs (24,547)(27,898)Share of profits of associated companies70,17976,189Profit before taxation186,840212,692Taxation(15,131)(15,492)Profit after taxation171,709197,200Minority interests(39,247)(51,460)Profit attributable to shareholders132,462145,740Interim dividend31,33731,125Basic...
2000 - 09 - 20
Click count: 169
One of GZI Transport’s major shareholders, Yue Xiu Enterprises (Holdings) Limited ("Yue Xiu"), is pleased to announce that the agreement for a full amount refinancing facility of HK$4.9 billion completed signing on 19 September, 2000 amongst Yue Xiu and its bank creditors.    GZI Transport has been operating normally, and did not participate in the above refinancing facility which only involve the unlisted part of Yue Xiu. However, the Board believes that such development of Yue Xiu will have a positive impact to the Group in enhancing the fund raising capability of the Com...
Common82StripPage number6/6HomePrevious123456NextLast page
Copyright ©2005 - 2017 Yuexiu Transport Infrastructure Limited
©Yuexiu traffic. All rights reserved