Sichuan Expressway Company Limited’s Net Profit Rose 75.1% in First Quarter of 2023

Sichuan Expressway Company Limited (四川成渝高速公路股份有限公司) (601107.SH) reported a net profit of 467.4 million yuan in the first quarter of 2023, up 75.1% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 42.3 billion yuan in total assets and 23.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.7%.