Jiangxi Ganyue Expressway Co.,Ltd.’s Net Profit Rose 23% in First Quarter of 2023

Jiangxi Ganyue Expressway Co.,Ltd. (江西赣粤高速公路股份有限公司) (600269.SH) reported a net profit of 454.2 million yuan in the first quarter of 2023, up 23% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 17.3% year-on-year.

At the end of the reporting period, it had 37.3 billion yuan in total assets and 18.3 billion yuan in total liabilities, with a liability-to-asset ratio of 49%.