Jangho Group Co.,Ltd. Posted 546.8 Million Yuan Net Profit in 2022

Jangho Group Co.,Ltd. (江河创建集团股份有限公司) (601886.SH) reported a net profit of 546.8 million yuan in 2022, reversing a net loss of 1 billion yuan for the previous year.

Meanwhile, the company posted 18.1 billion yuan in revenue, down 13.1% year-on-year.

At the end of the reporting period, it had 26.9 billion yuan in total assets and 19.3 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.