Shanghai Lujiazui Finance&Trade Zone Development Co.,Ltd.’s Net Profit Dropped 70.9% in 2022

Shanghai Lujiazui Finance&Trade Zone Development Co.,Ltd. (上海陆家嘴金融贸易区开发股份有限公司) (600663.SH) reported a net profit of 1.5 billion yuan in 2022, down 70.9% year-on-year.

Meanwhile, the company posted 11.8 billion yuan in revenue, down 15.2% year-on-year.

At the end of the reporting period, it had 125.7 billion yuan in total assets and 88 billion yuan in total liabilities, with a liability-to-asset ratio of 70%.