Chongqing Road&Bridge Co.,Ltd.’s Net Profit Dropped 79% in First Quarter of 2022

Chongqing Road&Bridge Co.,Ltd. (重庆路桥股份有限公司) (600106.SH) reported a net profit of 15.1 million yuan in the first quarter of 2022, down 79% year-on-year.

Meanwhile, the company posted 30.1 million yuan in revenue, down 26.8% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 36.8%.