China State Construction Engineering Corporation Limited’s Net Profit Rose 16.9% in First Quarter of 2022

China State Construction Engineering Corporation Limited (中国建筑股份有限公司) (601668.SH) reported a net profit of 16.7 billion yuan in the first quarter of 2022, up 16.9% year-on-year.

Meanwhile, the company posted 485.4 billion yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 2.5 trillion yuan in total assets and 1.8 trillion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.