Daqin Railway Co.,Ltd.’s Net Profit Dropped 2.3% in First Half of 2022

Daqin Railway Co.,Ltd. (大秦铁路股份有限公司) (601006.SH) reported a net profit of 8.1 billion yuan in the first half of 2022, down 2.3% year-on-year.

Meanwhile, the company posted 38.9 billion yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 203.2 billion yuan in total assets and 66.6 billion yuan in total liabilities, with a liability-to-asset ratio of 32.8%.