Daqin Railway Co.,Ltd.’s Net Profit Rose 2.9% in First Three Quarters of 2023

Daqin Railway Co.,Ltd. (大秦铁路股份有限公司) (601006.SH) reported a net profit of 12.5 billion yuan in the first three quarters of 2023, up 2.9% year-on-year.

Meanwhile, the company posted 60.8 billion yuan in revenue, up 3.5% year-on-year.

At the end of the reporting period, it had 206.2 billion yuan in total assets and 57.4 billion yuan in total liabilities, with a liability-to-asset ratio of 27.8%.