Guangzhou Port Company Limited’s Net Profit Rose 4.3% in First Three Quarters of 2023

Guangzhou Port Company Limited (广州港股份有限公司) (601228.SH) reported a net profit of 1.1 billion yuan in the first three quarters of 2023, up 4.3% year-on-year.

Meanwhile, the company posted 9.7 billion yuan in revenue, up 8% year-on-year.

At the end of the reporting period, it had 48.5 billion yuan in total assets and 25.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.9%.