Chang Jiang Shipping Group Phoenix Co.,Ltd.’s Net Profit Rose 66.3% in First Quarter of 2022

Chang Jiang Shipping Group Phoenix Co.,Ltd. (长航凤凰股份有限公司) (000520.SZ) reported a net profit of 10.6 million yuan in the first quarter of 2022, up 66.3% year-on-year.

Meanwhile, the company posted 222.6 million yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 806.8 million yuan in total assets and 277.9 million yuan in total liabilities, with a liability-to-asset ratio of 34.4%.