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Highway Companies Deny Windfall Profits

Highway Companies Deny Windfall Profits
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摘要 There is no denying that the real estate industry sees huge profits,but it is hard to imagine that the gross profits of highway companies have reached a very high level,becoming another typical industry of huge profits.The sky-high road toll is attracting more and more public concerns about the seemingly low-profile and stable industry. Based on the WIND statistics,reporters from the Securities Daily found that 19 highway companies listed in the A-share had claimed a more than 35%gross profit in their annual reports, with 15 companies reaching more than 50%.Meanwhile,only 21 out of the 124 listed property companies had achieved a more than 50%gross profit. Top of the rank is Chongqing Road and Bridge Company,reaching 88.26% and also heading the chart in the year 2009.Following down the list are Fujian Highway and Anhui Expressway, There is no denying that the real estate industry sees huge profits, but it is hard to imagine that the gross profits ofhighway companies have reached a very high level, becoming another typical industry of huge profits. The sky-highroad toll is attracting more and more public concerns about the seemingly low-profile and stable industry.
出处 《China's Foreign Trade》 2011年第6期36-37,共2页 中国对外贸易(英文版)
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