Qingdao Port International Co.,Ltd.’s Net Profit Rose 6.5% in First Quarter of 2022

Qingdao Port International Co.,Ltd. (青岛港国际股份有限公司) (601298.SH) reported a net profit of 1.4 billion yuan in the first quarter of 2022, up 6.5% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 18.4% year-on-year.

At the end of the reporting period, it had 60.7 billion yuan in total assets and 20.5 billion yuan in total liabilities, with a liability-to-asset ratio of 33.8%.