Guangshen Railway Co.,Ltd. Posted 1 Billion Yuan Net Profit in First Three Quarters of 2023

Guangshen Railway Co.,Ltd. (广深铁路股份有限公司) (601333.SH) reported a net profit of 1 billion yuan in the first three quarters of 2023, reversing a net loss of 1 billion yuan for the same period in the previous year.

Meanwhile, the company posted 19.2 billion yuan in revenue, up 25.8% year-on-year.

At the end of the reporting period, it had 37 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 28.7%.