Tianjin Tianbao Infrastructure Co.,Ltd. Posted 62.3 Million Yuan Net Profit in First Three Quarters of 2022

Tianjin Tianbao Infrastructure Co.,Ltd. (天津天保基建股份有限公司) (000965.SZ) reported a net profit of 62.3 million yuan in the first three quarters of 2022, reversing a net loss of 73.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 87.6% year-on-year.

At the end of the reporting period, it had 13.1 billion yuan in total assets and 7.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58%.