Shanghai Aj Group Co.,Ltd.’s Net Profit Dropped 42.4% in First Three Quarters of 2022

Shanghai Aj Group Co.,Ltd. (上海爱建集团股份有限公司) (600643.SH) reported a net profit of 665.5 million yuan in the first three quarters of 2022, down 42.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 27.7% year-on-year.

At the end of the reporting period, it had 26.9 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 52.1%.