Jiangsu Expressway Company Limited’s Net Profit Rose 42.2% in First Half of 2023

Jiangsu Expressway Company Limited (江苏宁沪高速公路股份有限公司) (600377.SH) reported a net profit of 2.6 billion yuan in the first half of 2023, up 42.2% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, up 46.4% year-on-year.

At the end of the reporting period, it had 79.8 billion yuan in total assets and 41.3 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.