Daqin Railway Co.,Ltd.’s Net Profit Rose 5.4% in First Three Quarters of 2022

Daqin Railway Co.,Ltd. (大秦铁路股份有限公司) (601006.SH) reported a net profit of 12.1 billion yuan in the first three quarters of 2022, up 5.4% year-on-year.

Meanwhile, the company posted 58.8 billion yuan in revenue, up 2% year-on-year.

At the end of the reporting period, it had 202.3 billion yuan in total assets and 62.6 billion yuan in total liabilities, with a liability-to-asset ratio of 30.9%.