Jiangsu Lianyungang Port Co.,Ltd.’s Net Profit Rose 11.1% in First Quarter of 2023

Jiangsu Lianyungang Port Co.,Ltd. (江苏连云港港口股份有限公司) (601008.SH) reported a net profit of 53.8 million yuan in the first quarter of 2023, up 11.1% year-on-year.

Meanwhile, the company posted 531.5 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 39.1%.