Shanghai Huitong Energy Co.,Ltd.’s Net Profit Dropped 93.3% in 2022

Shanghai Huitong Energy Co.,Ltd. (上海汇通能源股份有限公司) (600605.SH) reported a net profit of 3.8 million yuan in 2022, down 93.3% year-on-year.

Meanwhile, the company posted 108.5 million yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.6%.