China Railway Signal&Communication Corporation Limited’s Net Profit Rose 11.1% in First Quarter of 2022

China Railway Signal&Communication Corporation Limited (中国铁路通信信号股份有限公司) (688009.SH) reported a net profit of 739 million yuan in the first quarter of 2022, up 11.1% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 5.6% year-on-year.

At the end of the reporting period, it had 108.9 billion yuan in total assets and 62.8 billion yuan in total liabilities, with a liability-to-asset ratio of 57.7%.