Heilongjiang Transport Development Co.,Ltd.’s Net Profit Rose 3% in First Quarter of 2022

Heilongjiang Transport Development Co.,Ltd. (黑龙江交通发展股份有限公司) (601188.SH) reported a net profit of 59.1 million yuan in the first quarter of 2022, up 3% year-on-year.

Meanwhile, the company posted 84.9 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 336.9 million yuan in total liabilities, with a liability-to-asset ratio of 6.6%.