Shenzhen Expressway Co.,Ltd.’s Net Profit Dropped 28.7% in First Quarter of 2022

Shenzhen Expressway Co.,Ltd. (深圳高速公路集团股份有限公司) (600548.SH) reported a net profit of 438.5 million yuan in the first quarter of 2022, down 28.7% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 9.6% year-on-year.

At the end of the reporting period, it had 71.6 billion yuan in total assets and 41.7 billion yuan in total liabilities, with a liability-to-asset ratio of 58.3%.