Jiangsu Expressway Company Limited’s Net Profit Rose 35.3% in First Three Quarters of 2023

Jiangsu Expressway Company Limited (江苏宁沪高速公路股份有限公司) (600377.SH) reported a net profit of 4.2 billion yuan in the first three quarters of 2023, up 35.3% year-on-year.

Meanwhile, the company posted 11.6 billion yuan in revenue, up 22.4% year-on-year.

At the end of the reporting period, it had 79.5 billion yuan in total assets and 39.1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.2%.