Apr 30, 2022 08:00 AM

Guangshen Railway Co.,Ltd. Posted 398.1 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Guangshen Railway Co.,Ltd. (广深铁路股份有限公司) (601333.SH) reported a net loss of 398.1 million yuan in the first quarter of 2022, widening 327.8% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, up 13.3% year-on-year.

At the end of the reporting period, it had 36.7 billion yuan in total assets and 9.9 billion yuan in total liabilities, with a liability-to-asset ratio of 26.9%.

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