China Railway Construction Heavy Industry Corporation Limited’s Net Profit Rose 10.3% in First Quarter of 2022

China Railway Construction Heavy Industry Corporation Limited (中国铁建重工集团股份有限公司) (688425.SH) reported a net profit of 377 million yuan in the first quarter of 2022, up 10.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 14.7% year-on-year.

At the end of the reporting period, it had 23.8 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.