Heilongjiang Transport Development Co.,Ltd.’s Net Profit Rose 9.2% in First Quarter of 2023

Heilongjiang Transport Development Co.,Ltd. (黑龙江交通发展股份有限公司) (601188.SH) reported a net profit of 64.6 million yuan in the first quarter of 2023, up 9.2% year-on-year.

Meanwhile, the company posted 127 million yuan in revenue, up 49.5% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 481.1 million yuan in total liabilities, with a liability-to-asset ratio of 9.1%.