Deep-speed: New project gradually into the "harvest period"

August 23, Shenzhen High speed chairman Yang Hai in the company's interim results conference, said that from the first half of the year, machine-lotus, high-speed and other new projects have begun to significantly boost the company's toll income, the future will substantially enhance the company's profitability level.　　He also disclosed that the company plans in 2010-2014 years, based on the existing main industry, active investment in new industries. "For the Deep highway, the last few years have been a period of investment. "Yang Hai introduced that the expressway has a longer construction cycle and incubation period, inputs and outputs are often not synchronized." Over the past five years, the company has been rebuilding a "deep highway" by expanding investment, and, in effect, the company's total assets have grown from 6.8 billion in 2004 to 22.3 billion now. "Starting in the first half of this year, these inputs have started to boost business revenues quickly and will have a substantial impact on the company's performance in the future." "From the deep highway in the newspaper, the company 1-June operating income of 1.055 billion yuan, toll income from the same period last year, a substantial increase of 92.9% to 1.009 billion yuan, and net profit of 359 million yuan, the increase is only 14.7%." Yang Hai said that, on the one hand, due to the incorporation of the east part of the machine and the total flow of the project, the cost of depreciation amortization has increased substantially, and the operating cost of the deep highway toll road increases by about 84.6%. On the other hand, the main body of the project has been operating at a high speed, and its loan interest is no longer capitalized %。　　Shenzhen high-speed Financial controller Gongtao Tao, the road maintenance responsibility for the provision of the provision and the same period last year a large change, after deducting this factor, the company's net profit growth of 48.2%. In the construction project, the Liannan section of the project has been completed in February this year, and at present the roadbed earthwork project of the line has completed about 80% and is scheduled to be completed in early 2011, which will increase the company's 27-kilometer fee mileage. It is understood that the Qing Lian project is a deep high-speed high hopes of one of the projects, connected with the appropriate high-speed traffic, will be able to directly connect the Beijing-Zhuhai high-speed, the flow is expected to increase significantly.　　Yang Hai said that the expected October 1, 2011, the high-speed will be completed to traffic. Yang Hai introduced that the deep high-speed will be in the operation of the main business, while actively looking for better areas to invest, concrete projects are still in the argument.