Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.’s Net Profit Rose 142.6% in First Quarter of 2022

Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd. (上海外高桥集团股份有限公司) (600648.SH) reported a net profit of 815.1 million yuan in the first quarter of 2022, up 142.6% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 82.8% year-on-year.

At the end of the reporting period, it had 43 billion yuan in total assets and 30.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.