Faw Jiefang Group Co.,Ltd.’s Net Profit Dropped 90.6% in 2022

Faw Jiefang Group Co.,Ltd. (一汽解放集团股份有限公司) (000800.SZ) reported a net profit of 367.7 million yuan in 2022, down 90.6% year-on-year.

Meanwhile, the company posted 38.3 billion yuan in revenue, down 61.2% year-on-year.

At the end of the reporting period, it had 56.8 billion yuan in total assets and 33.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.2%.