Apr 28, 2023 08:00 AM

Daqin Railway Co.,Ltd.’s Net Profit Rose 23.3% in First Quarter of 2023

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Daqin Railway Co.,Ltd. (大秦铁路股份有限公司) (601006.SH) reported a net profit of 4.1 billion yuan in the first quarter of 2023, up 23.3% year-on-year.

Meanwhile, the company posted 19.8 billion yuan in revenue, up 8.7% year-on-year.

At the end of the reporting period, it had 204.6 billion yuan in total assets and 60.1 billion yuan in total liabilities, with a liability-to-asset ratio of 29.4%.

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