China Communications Construction Company Limited’s Net Profit Rose 9.7% in First Quarter of 2023

China Communications Construction Company Limited (中国交通建设股份有限公司) (601800.SH) reported a net profit of 6.9 billion yuan in the first quarter of 2023, up 9.7% year-on-year.

Meanwhile, the company posted 176.6 billion yuan in revenue, up 2.6% 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 73.4%.