Hainan Expressway Co.,Ltd.’s Net Profit Dropped 89.1% in First Quarter of 2022

Hainan Expressway Co.,Ltd. (海南高速公路股份有限公司) (000886.SZ) reported a net profit of 1.5 million yuan in the first quarter of 2022, down 89.1% year-on-year.

Meanwhile, the company posted 42.9 million yuan in revenue, up 413.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 302 million yuan in total liabilities, with a liability-to-asset ratio of 9.6%.