Longjian Road＆Bridge Co.,Ltd.’s Net Profit Rose 1031.2% in First Quarter of 2022

Longjian Road＆Bridge Co.,Ltd. (龙建路桥股份有限公司) (600853.SH) reported a net profit of 8.2 million yuan in the first quarter of 2022, up 1031.2% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 29.4% year-on-year.

At the end of the reporting period, it had 27.5 billion yuan in total assets and 23.4 billion yuan in total liabilities, with a liability-to-asset ratio of 85.2%.