Xiamen Port Development Co.,Ltd.’s Net Profit Rose 16.6% in First Quarter of 2023

Xiamen Port Development Co.,Ltd. (厦门港务发展股份有限公司) (000905.SZ) reported a net profit of 96.1 million yuan in the first quarter of 2023, up 16.6% year-on-year.

Meanwhile, the company posted 6 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 12.4 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.