Guangshen Railway Co.,Ltd. Posted 678.4 Million Yuan Net Profit in First Half of 2023

Guangshen Railway Co.,Ltd. (广深铁路股份有限公司) (601333.SH) reported a net profit of 678.4 million yuan in the first half of 2023, reversing a net loss of 765.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 12.4 billion yuan in revenue, up 30.4% year-on-year.

At the end of the reporting period, it had 36.9 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 29.5%.