Guangzhou Baiyun International Airport Company Limited Posted 51.2 Million Yuan Net Profit in First Quarter of 2023

Guangzhou Baiyun International Airport Company Limited (广州白云国际机场股份有限公司) (600004.SH) reported a net profit of 51.2 million yuan in the first quarter of 2023, reversing a net loss of 77.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 26.9 billion yuan in total assets and 9.5 billion yuan in total liabilities, with a liability-to-asset ratio of 35.2%.