Xinjiang Beixin Road&Bridge Group Co.,Ltd.’s Net Profit Dropped 6.3% in First Half of 2022

Xinjiang Beixin Road&Bridge Group Co.,Ltd. (新疆北新路桥集团股份有限公司) (002307.SZ) reported a net profit of 24.2 million yuan in the first half of 2022, down 6.3% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, up 1.9% year-on-year.

At the end of the reporting period, it had 48.4 billion yuan in total assets and 42.6 billion yuan in total liabilities, with a liability-to-asset ratio of 88%.