Guangshen Railway Co.,Ltd. Posted 1 Billion Yuan Net Loss in First Three Quarters of 2022

Guangshen Railway Co.,Ltd. (广深铁路股份有限公司) (601333.SH) reported a net loss of 1 billion yuan in the first three quarters of 2022, widening 287.7% year-on-year.

Meanwhile, the company posted 15.2 billion yuan in revenue, up 2% year-on-year.

At the end of the reporting period, it had 37.4 billion yuan in total assets and 11.1 billion yuan in total liabilities, with a liability-to-asset ratio of 29.7%.