Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.’s Net Profit Rose 57.2% in First Half of 2022

Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd. (上海外高桥集团股份有限公司) (600648.SH) reported a net profit of 706.2 million yuan in the first half of 2022, up 57.2% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, up 28.4% year-on-year.

At the end of the reporting period, it had 41.2 billion yuan in total assets and 29.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.5%.