China Railway Group Limited’s Net Profit Rose 12.4% in First Three Quarters of 2022

China Railway Group Limited (中国中铁股份有限公司) (601390.SH) reported a net profit of 25.1 billion yuan in the first three quarters of 2022, up 12.4% year-on-year.

Meanwhile, the company posted 848.2 billion yuan in revenue, up 10.4% year-on-year.

At the end of the reporting period, it had 1.6 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 73.8%.