Daqin Railway Co.,Ltd.’s Net Profit Rose 3.6% in First Half of 2023

Daqin Railway Co.,Ltd. (大秦铁路股份有限公司) (601006.SH) reported a net profit of 8.4 billion yuan in the first half of 2023, up 3.6% year-on-year.

Meanwhile, the company posted 40.4 billion yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 208.1 billion yuan in total assets and 64.5 billion yuan in total liabilities, with a liability-to-asset ratio of 31%.