Anhui Expressway Company Limited’s Net Profit Dropped 9.5% in First Three Quarters of 2022

Anhui Expressway Company Limited (安徽皖通高速公路股份有限公司) (600012.SH) reported a net profit of 1.2 billion yuan in the first three quarters of 2022, down 9.5% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 36% year-on-year.

At the end of the reporting period, it had 21.6 billion yuan in total assets and 8.6 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.