Fujian Expressway Development Company Limited’s Net Profit Rose 9% in First Three Quarters of 2023

Fujian Expressway Development Company Limited (福建发展高速公路股份有限公司) (600033.SH) reported a net profit of 1 billion yuan in the first three quarters of 2023, up 9% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 16.6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 18.7%.