Sichuan Expressway Company Limited’s Net Profit Dropped 21% in First Quarter of 2022

Sichuan Expressway Company Limited (四川成渝高速公路股份有限公司) (601107.SH) reported a net profit of 267 million yuan in the first quarter of 2022, down 21% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 41.8% year-on-year.

At the end of the reporting period, it had 40.8 billion yuan in total assets and 22.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.