China Railway Group Limited’s Net Profit Rose 17.2% in First Half of 2022

China Railway Group Limited (中国中铁股份有限公司) (601390.SH) reported a net profit of 16.8 billion yuan in the first half of 2022, up 17.2% year-on-year.

Meanwhile, the company posted 559.4 billion yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 1.5 trillion yuan in total assets and 1.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 74.1%.