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ZHEJIANG EXPRESSWAY CO. LTD
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock code: 0576)
ANNOUNCEMENT
KEY FINANCIAL INFORMATION OF
ZHESHANG SECURITIES CO., LTD.
FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2017
The board of directors (the " Board ") of Zhejiang Expressway Co., Ltd. (the "Company") is pleased to announce the report of our subsidiary, Zheshang Securities Co., Ltd. ("Zheshang Securities", the A Shares of which are listed and traded on the Shanghai Stock Exchange) (Stock code: 601878) for the third quarter of 2017, which was published on October 24, 2017 (the "Report").
The Board would like to draw the attention of the shareholders of the Company and public investors to the following key financial data of Zheshang Securities for the third quarter ended September 30, 2017 as stated in the Report:
Unit: Yuan | ||||||
Currency: RMB | ||||||
Increase/decrease | ||||||
As at the end | in this reporting period | |||||
of current | As at the end | as compared to the end | ||||
reporting period | of last year | of last year (%) | ||||
Total assets | 51,448,929,254.85 | 53,737,245,553.09 | (4.26) | |||
Net assets attributable to shareholders of the listed | ||||||
company | 13,141,621,377.03 |
9,565,498,901.73 | 37.39 |
|||
Beginning of the year | Beginning of last year | Increase/decrease | ||||
to the end of the current | to the end of | as compared to the | ||||
reporting period | last reporting period | corresponding period | ||||
(January to September) | (January to September) | last year (%) | ||||
Net cashflow generated from operating activities | (6,136,431,443.52) | (7,512,049,473.92) | 18.31 |
Beginning of the year | Beginning of last year | Increase/decrease | ||||
to the end of the current | to the end of last | as compared to | ||||
reporting period | reporting period | the corresponding | ||||
(January to September) | (January to September) | period last year (%) | ||||
Operating income | 3,285,308,016.33 | 3,375,424,395.92 | (2.67) | |||
Net profit attributable to shareholders of the listed | ||||||
company | 811,777,417.32 | 979,509,043.02 | (17.12) | |||
Net profit attributable to shareholders of the listed | ||||||
company after deducting non-recurring | ||||||
profit and loss | 796,935,473.10 | 966,679,959.39 | (17.56) | |||
Weighted average returns on net assets (%) | 8.14% | 11.13% | 2.99 percentage points less | |||
Basic earnings per share (Yuan/share) | 0.26 | 0.33 | (21.21) | |||
Diluted earnings per share (Yuan/share) | 0.26 | 0.33 | (21.21) | |||
Note: The full text of the Report is published on the website of the Shanghai Stock Exchange (www.sse.com.cn). |
On behalf of the Board
Zhejiang Expressway Co., Ltd.
ZHAN Xiaozhang
Chairman
Hangzhou, the PRC, October 24, 2017
As at the date of this announcement, the executive directors of the Company are: Mr. ZHAN Xiaozhang, Mr. CHENG Tao and Ms. LUO Jianhu; the non-executive directors of the Company are: Mr. WANG Dongjie, Mr. DAI Benmeng and Mr. ZHOU Jianping; and the independent non-executive directors of the Company are: Mr. ZHOU Jun, Mr. PEI Ker-Wei and Ms. LEE Wai Tsang, Rosa.