Henan Zhongyuan Expressway Co.,Ltd.’s Net Profit Rose 173.6% in First Quarter of 2023

Henan Zhongyuan Expressway Co.,Ltd. (河南中原高速公路股份有限公司) (600020.SH) reported a net profit of 386 million yuan in the first quarter of 2023, up 173.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 27.7% year-on-year.

At the end of the reporting period, it had 49.7 billion yuan in total assets and 35.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.