China Merchants Port Group Co.,Ltd.’s Net Profit Rose 57.8% in First Quarter of 2022

China Merchants Port Group Co.,Ltd. (招商局港口集团股份有限公司) (001872.SZ) reported a net profit of 2.2 billion yuan in the first quarter of 2022, up 57.8% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 182.1 billion yuan in total assets and 68.3 billion yuan in total liabilities, with a liability-to-asset ratio of 37.5%.