China Railway Construction Corporation Limited’s Net Profit Rose 14.2% in First Quarter of 2022

China Railway Construction Corporation Limited (中国铁建股份有限公司) (601186.SH) reported a net profit of 6.4 billion yuan in the first quarter of 2022, up 14.2% year-on-year.

Meanwhile, the company posted 264.5 billion yuan in revenue, up 13% year-on-year.

At the end of the reporting period, it had 1.4 trillion yuan in total assets and 1.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 75.5%.