Huaxin Cement Co.,Ltd.’s Net Profit Dropped 47.9% in 2022

Huaxin Cement Co.,Ltd. (华新水泥股份有限公司) (600801.SH) reported a net profit of 3 billion yuan in 2022, down 47.9% year-on-year.

Meanwhile, the company posted 30.5 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 64.2 billion yuan in total assets and 33.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.

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

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