Apr 29, 2023 08:00 AM

Rizhao Port Co.,Ltd.’s Net Profit Dropped 10.8% in First Quarter of 2023

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Rizhao Port Co.,Ltd. (日照港股份有限公司) (600017.SH) reported a net profit of 249.1 million yuan in the first quarter of 2023, down 10.8% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 33.1 billion yuan in total assets and 17.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.8%.

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