Shanghai Golden Union Business Management Co.,Ltd.’s Net Profit Dropped 30.8% in 2022

Shanghai Golden Union Business Management Co.,Ltd. (上海锦和商业经营管理股份有限公司) (603682.SH) reported a net profit of 82.2 million yuan in 2022, down 30.8% year-on-year.

Meanwhile, the company posted 881.7 million yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 76.6%.