Guangdong Chant Group Inc. Posted 78.5 Million Yuan Net Profit in 2022

Guangdong Chant Group Inc. (广东长青(集团)股份有限公司) (002616.SZ) reported a net profit of 78.5 million yuan in 2022, reversing a net loss of 188.6 million yuan for the previous year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 7.3 billion yuan in total liabilities, with a liability-to-asset ratio of 74.5%.