Jiangsu Expressway Company Limited’s Net Profit Dropped 36.4% in First Half of 2022

Jiangsu Expressway Company Limited (江苏宁沪高速公路股份有限公司) (600377.SH) reported a net profit of 1.7 billion yuan in the first half of 2022, down 36.4% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, down 10% year-on-year.

At the end of the reporting period, it had 70.1 billion yuan in total assets and 34.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.3%.