Hunan Development Group Co.,Ltd.’s Net Profit Dropped 43.4% in 2022

Hunan Development Group Co.,Ltd. (湖南发展集团股份有限公司) (000722.SZ) reported a net profit of 66.8 million yuan in 2022, down 43.4% year-on-year.

Meanwhile, the company posted 412 million yuan in revenue, down 13.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 170.9 million yuan in total liabilities, with a liability-to-asset ratio of 5.1%.