China Railway Construction Corporation Limited’s Net Profit Rose 7.1% in First Quarter of 2023

China Railway Construction Corporation Limited (中国铁建股份有限公司) (601186.SH) reported a net profit of 6.9 billion yuan in the first quarter of 2023, up 7.1% year-on-year.

Meanwhile, the company posted 273.5 billion yuan in revenue, up 3.4% year-on-year.

At the end of the reporting period, it had 1.6 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 75.5%.