Shenzhen Expressway Co.,Ltd.’s Net Profit Rose 6.8% in First Quarter of 2023

Shenzhen Expressway Co.,Ltd. (深圳高速公路集团股份有限公司) (600548.SH) reported a net profit of 468.5 million yuan in the first quarter of 2023, up 6.8% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 68.9 billion yuan in total assets and 40.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.4%.