Jiangsu Expressway Company Limited’s Net Profit Dropped 19.5% in First Three Quarters 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 3.1 billion yuan in the first three quarters of 2022, down 19.5% year-on-year.

Meanwhile, the company posted 9.5 billion yuan in revenue, up 19.2% year-on-year.

At the end of the reporting period, it had 76.7 billion yuan in total assets and 39.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.4%.