Shandong Hi-Speed Road&Bridge Co.,Ltd.’s Net Profit Rose 5.5% in First Quarter of 2023

Shandong Hi-Speed Road&Bridge Co.,Ltd. (山东高速路桥集团股份有限公司) (000498.SZ) reported a net profit of 311.2 million yuan in the first quarter of 2023, up 5.5% year-on-year.

Meanwhile, the company posted 10.6 billion yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 107.7 billion yuan in total assets and 84.1 billion yuan in total liabilities, with a liability-to-asset ratio of 78%.