Shanghai Aj Group Co.,Ltd.’s Net Profit Dropped 58.2% in 2022

Shanghai Aj Group Co.,Ltd. (上海爱建集团股份有限公司) (600643.SH) reported a net profit of 481.6 million yuan in 2022, down 58.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 30.4% year-on-year.

At the end of the reporting period, it had 26.5 billion yuan in total assets and 14.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.