Guangzhou Port Company Limited’s Net Profit Rose 5.6% in First Three Quarters of 2022

Guangzhou Port Company Limited (广州港股份有限公司) (601228.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, up 5.6% year-on-year.

Meanwhile, the company posted 9 billion yuan in revenue, down 4.2% year-on-year.

At the end of the reporting period, it had 46.9 billion yuan in total assets and 24.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.