Chang Jiang Shipping Group Phoenix Co.,Ltd.’s Net Profit Dropped 44.1% in First Three Quarters of 2022

Chang Jiang Shipping Group Phoenix Co.,Ltd. (长航凤凰股份有限公司) (000520.SZ) reported a net profit of 33.4 million yuan in the first three quarters of 2022, down 44.1% year-on-year.

Meanwhile, the company posted 745.7 million yuan in revenue, up 13.8% year-on-year.

At the end of the reporting period, it had 818 million yuan in total assets and 266.9 million yuan in total liabilities, with a liability-to-asset ratio of 32.6%.