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hubei communications investment group's total assets reached 737.471 billion yuan, ranking first in central china

2024-09-11

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the hubei yilai expressway hefeng east section project, invested and constructed by hubei communications investment group, has passed the acceptance inspection, marking the project's full completion and ready for traffic.
jingchu.com (hubei daily online) (reporter zhao xiulin) in early september, 22 provincial-level transportation companies across the country publicly disclosed their financial reports for the first half of 2024. hubei communications investment group stood out with its remarkable performance, and its comprehensive strength is at the upper-middle level in the country.
among them, hubei communications investment group's total assets of 737.471 billion yuan ranked sixth in the country and first among the six central provinces, an increase of 11.93% year-on-year, 4.2 percentage points higher than the average, and the growth rate ranked third in the country; the operating income in the first half of the year was 59.334 billion yuan, ranking fourth in the country and first among the six central provinces, an increase of 36.74% year-on-year, 42.02 percentage points higher than the average, and the growth rate ranked second in the country.
hubei communications investment hankou north international multimodal logistics port
in the first half of this year, the operating income achieved a high growth rate of 36.74% year-on-year, which was due to the overall growth of its multiple business segments, especially the strong performance of project construction income and industrial subsidiaries. it is reported that the industrial companies of hubei communications investment group, including the logistics group, construction group and energy trading department, achieved growth of 55%, 21% and 37% respectively, which jointly promoted the substantial improvement of overall performance.
in 2024, hubei communications investment group will accelerate the construction of 1,310 kilometers of expressways in 26 projects under construction, and ensure the completion of five projects including the yilai expressway hefeng east section, the huhebei expressway hubei-hunan border section, the wuhan ring expressway zhongzhou to beihu section, and the tongwu expressway hubei section.
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