China Enterprise Company Limited’s Net Profit Dropped 87.6% in 2022

China Enterprise Company Limited (中华企业股份有限公司) (600675.SH) reported a net profit of 147.1 million yuan in 2022, down 87.6% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 72.9% year-on-year.

At the end of the reporting period, it had 58.7 billion yuan in total assets and 42.3 billion yuan in total liabilities, with a liability-to-asset ratio of 72%.