China Railway Group Limited’s Net Profit Rose 14.8% in 2022

China Railway Group Limited (中国中铁股份有限公司) (601390.SH) reported a net profit of 35 billion yuan in 2022, up 14.8% year-on-year.

Meanwhile, the company posted 1.2 trillion yuan in revenue, up 7.6% 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%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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