Tangshan Port Group Co.,Ltd.’s Net Profit Rose 30% in First Quarter of 2023

Tangshan Port Group Co.,Ltd. (唐山港集团股份有限公司) (601000.SH) reported a net profit of 552.3 million yuan in the first quarter of 2023, up 30% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 23.7 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 10.8%.