Tangshan Jidong Cement Co.,Ltd.’s Net Profit Dropped 66.4% in 2022

Tangshan Jidong Cement Co.,Ltd. (唐山冀东水泥股份有限公司) (000401.SZ) reported a net profit of 1.4 billion yuan in 2022, down 66.4% year-on-year.

Meanwhile, the company posted 34.5 billion yuan in revenue, down 4.9% year-on-year.

At the end of the reporting period, it had 62.1 billion yuan in total assets and 29.5 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.