Henan Zhongyuan Expressway Co.,Ltd.’s Net Profit Rose 86.6% in First Half 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 621.5 million yuan in the first half of 2023, up 86.6% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 40.3% year-on-year.

At the end of the reporting period, it had 51 billion yuan in total assets and 36.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.3%.