Rizhao Port Co.,Ltd.’s Net Profit Rose 24.9% in First Quarter of 2022

Rizhao Port Co.,Ltd. (日照港股份有限公司) (600017.SH) reported a net profit of 279.1 million yuan in the first quarter of 2022, up 24.9% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 18% year-on-year.

At the end of the reporting period, it had 29.8 billion yuan in total assets and 14.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.