Henan Zhongyuan Expressway Co.,Ltd.’s Net Profit Dropped 81.2% in 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 139.6 million yuan in 2022, down 81.2% year-on-year.

Meanwhile, the company posted 7.4 billion yuan in revenue, up 32.2% year-on-year.

At the end of the reporting period, it had 49.7 billion yuan in total assets and 37.1 billion yuan in total liabilities, with a liability-to-asset ratio of 74.6%.