Beijing Aerospace Changfeng Co.,Ltd.’s Net Profit Dropped 69.1% in 2022

Beijing Aerospace Changfeng Co.,Ltd. (北京航天长峰股份有限公司) (600855.SH) reported a net profit of 32.2 million yuan in 2022, down 69.1% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 35.3% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.