Shandong Hi-Speed Company Limited’s Net Profit Rose 10.8% in First Quarter of 2023

Shandong Hi-Speed Company Limited (山东高速股份有限公司) (600350.SH) reported a net profit of 1 billion yuan in the first quarter of 2023, up 10.8% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 137.8 billion yuan in total assets and 85 billion yuan in total liabilities, with a liability-to-asset ratio of 61.7%.