Sale ETS caused high-speed operating costs dropped significantly in North China

North China released 2011 annual report high-speed, operating income of 714 million yuan, down 24.8 percent; operating profit of 320 million yuan, down 0.20 percent. Revenues of 348 million yuan, down 38.26 percent. North China High Speed ​​told reporters, said: "mainly because the sale of ETS companies, the scope of consolidation changes, resulting in the company's 2011 operating costs down. ETS Company in 2009, the first sale, the transaction completed by the end of 2010 its performance in 2009 and 2010 embody. " The data show that, in March 2009, the North China High Speed ​​announced that 76% of the shares for sale held by ETS Traffic Information Development Co., Ltd., the assessed value of 23.4396 million yuan. 2011, north high-speed attributable to shareholders of listed companies net profit of 248 million yuan, an increase of 2.25%; attributable to shareholders of listed companies net profit excluding non-recurring gains and losses of 249 million yuan, an increase of 3.47%. In 2011, the company's transportation industry operating income was 681 million yuan, down 5.66 percent. Toll revenues of 681 million yuan, down 14.40 percent. North China High Speed ​​Board pointed out that by the total re tolls down the tolls levied loss of standards and lorries, the surrounding road network and high-speed rail diversion and adverse weather, the company's main business revenue increase limited to complete the 2011 business objectives to face great challenges . Planning in the Ministry of Transport "12", will focus on promoting the construction of infrastructure, the construction of the national expressway network leading to strengthen the construction of the cable in the inter-provincial national highway network was basically completed in 2015. North China in July 1999 high-speed market, raising a total of 920 million yuan to raise funds for the acquisition of Beijing-Shenyang Expressway Beijing Section 19 right to toll charges. North China's high-speed above said: "non-business reasons, leading to stagnation of above 900 million yuan raised investment projects, the company is actively looking for new projects raised investment." In the morning of March 27, north high-speed closing price of 3.29 yuan, up 0.61 percent.
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