Qingdao Port International Co.,Ltd.’s Net Profit Rose 4.7% in First Quarter of 2023

Qingdao Port International Co.,Ltd. (青岛港国际股份有限公司) (601298.SH) reported a net profit of 1.4 billion yuan in the first quarter of 2023, up 4.7% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 59.1 billion yuan in total assets and 16.3 billion yuan in total liabilities, with a liability-to-asset ratio of 27.6%.