Cimc Vehicles(Group) Co.,Ltd.’s Net Profit Rose 12.8% in 2022

Cimc Vehicles(Group) Co.,Ltd. (中集车辆(集团)股份有限公司) (301039.SZ) reported a net profit of 1.1 billion yuan in 2022, up 12.8% year-on-year.

Meanwhile, the company posted 23.6 billion yuan in revenue, down 14.6% year-on-year.

At the end of the reporting period, it had 22.2 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.