Guangxi Wuzhou Zhongheng Group Co.,Ltd.’s Net Profit Dropped 92.8% in 2022

Guangxi Wuzhou Zhongheng Group Co.,Ltd. (广西梧州中恒集团股份有限公司) (600252.SH) reported a net profit of 12.4 million yuan in 2022, down 92.8% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 14.2% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 29.5%.