Chongqing Construction Engineering Group Corporation Limited’s Net Profit Rose 17.6% in First Quarter of 2022

Chongqing Construction Engineering Group Corporation Limited (重庆建工集团股份有限公司) (600939.SH) reported a net profit of 93.9 million yuan in the first quarter of 2022, up 17.6% year-on-year.

Meanwhile, the company posted 13.6 billion yuan in revenue, down 4.2% year-on-year.

At the end of the reporting period, it had 76.6 billion yuan in total assets and 65.5 billion yuan in total liabilities, with a liability-to-asset ratio of 85.5%.