Sinotrans Limited’s Net Profit Rose 7.8% in 2022

Sinotrans Limited (中国外运股份有限公司) (601598.SH) reported a net profit of 4.2 billion yuan in 2022, up 7.8% year-on-year.

Meanwhile, the company posted 108.8 billion yuan in revenue, down 12.5% year-on-year.

At the end of the reporting period, it had 77.8 billion yuan in total assets and 41 billion yuan in total liabilities, with a liability-to-asset ratio of 52.6%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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