Xiamen Port Development Co.,Ltd.’s Net Profit Rose 60.4% in First Quarter of 2022

Xiamen Port Development Co.,Ltd. (厦门港务发展股份有限公司) (000905.SZ) reported a net profit of 82 million yuan in the first quarter of 2022, up 60.4% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, up 16.4% year-on-year.

At the end of the reporting period, it had 12.9 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 61.5%.