Chongqing Road&Bridge Co.,Ltd.’s Net Profit Rose 118.4% in First Quarter of 2023

Chongqing Road&Bridge Co.,Ltd. (重庆路桥股份有限公司) (600106.SH) reported a net profit of 33 million yuan in the first quarter of 2023, up 118.4% year-on-year.

Meanwhile, the company posted 28.9 million yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 34%.