China Merchants Shekou Industrial Zone Holdings Co.,Ltd.’s Net Profit Dropped 40.1% in 2022

China Merchants Shekou Industrial Zone Holdings Co.,Ltd. (招商局蛇口工业区控股股份有限公司) (001979.SZ) reported a net profit of 9.1 billion yuan in 2022, down 40.1% year-on-year.

Meanwhile, the company posted 183 billion yuan in revenue, up 13.9% year-on-year.

At the end of the reporting period, it had 886.5 billion yuan in total assets and 602 billion yuan in total liabilities, with a liability-to-asset ratio of 67.9%.