Henan Zhongyuan Expressway Co.,Ltd.’s Net Profit Dropped 47.7% in First Three Quarters of 2022

Henan Zhongyuan Expressway Co.,Ltd. (河南中原高速公路股份有限公司) (600020.SH) reported a net profit of 403.2 million yuan in the first three quarters of 2022, down 47.7% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, up 53% year-on-year.

At the end of the reporting period, it had 49.7 billion yuan in total assets and 35.9 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.