Tianjin Tianbao Infrastructure Co.,Ltd.’s Net Profit Dropped 52.7% in 2022

Tianjin Tianbao Infrastructure Co.,Ltd. (天津天保基建股份有限公司) (000965.SZ) reported a net profit of 23.4 million yuan in 2022, down 52.7% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 12.8 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 57.4%.