---
title: "Jiangsu Expressway Lifts Q1 Profit Despite Revenue Dip"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284661376.md"
description: "Jiangsu Expressway Co (HK:0177) reported a 5.31% decline in Q1 2026 operating income to RMB 4.53 billion, but net profit rose 12.81% to RMB 1.37 billion, indicating improved profitability. Basic earnings per share increased to RMB 0.2711, and total assets reached RMB 99.98 billion. Despite lower revenue, net profit excluding non-recurring items climbed 14.10%, reflecting stronger core operations. The stock has a Hold rating with a price target of HK$10.20, and the company plays a vital role in regional transport infrastructure in Jiangsu province."
datetime: "2026-04-29T23:48:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284661376.md)
  - [en](https://longbridge.com/en/news/284661376.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284661376.md)
---

# Jiangsu Expressway Lifts Q1 Profit Despite Revenue Dip

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Jiangsu Expressway Co ( (HK:0177) ) has issued an announcement.

Jiangsu Expressway Company Limited reported a 5.31% year-on-year decline in first-quarter 2026 operating income to RMB 4.53 billion, but improved profitability, with total profit rising 13.80% to RMB 1.80 billion. Net profit attributable to shareholders grew 12.81% to RMB 1.37 billion, while basic earnings per share increased to RMB 0.2711 and weighted average return on net assets edged up to 3.22%.

Despite softer revenue, the company’s net profit excluding non-recurring items climbed 14.10%, indicating stronger core operations and better cost or efficiency management. Total assets reached RMB 99.98 billion and equity attributable to shareholders expanded 4.57%, underscoring a solid balance sheet and stable cash generation, as operating cash flow stayed broadly flat at RMB 1.72 billion, which should support ongoing investment and returns to shareholders.

The most recent analyst rating on (HK:0177) stock is a Hold with a HK$10.20 price target. To see the full list of analyst forecasts on Jiangsu Expressway Co stock, see the HK:0177 Stock Forecast page.

**More about Jiangsu Expressway Co**

Jiangsu Expressway Company Limited is a PRC-based joint-stock company listed in Hong Kong that operates toll expressways and related infrastructure in Jiangsu province. Its core business is collecting tolls and managing expressway assets, positioning the company as a key transport infrastructure operator supporting regional economic activity and traffic flows in eastern China.

**Average Trading Volume:** 4,557,851

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$65.25B

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