Tianjin Port Holdings Co.,Ltd.’s Net Profit Dropped 16.5% in 2022

Tianjin Port Holdings Co.,Ltd. (天津港股份有限公司) (600717.SH) reported a net profit of 1.2 billion yuan in 2022, down 16.5% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, down 25.2% year-on-year.

At the end of the reporting period, it had 34.1 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 27.7%.