Shanghai Kaichuang Marine International Co.,Ltd.’s Net Profit Dropped 44.6% in 2022

Shanghai Kaichuang Marine International Co.,Ltd. (上海开创国际海洋资源股份有限公司) (600097.SH) reported a net profit of 109.7 million yuan in 2022, down 44.6% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 2% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.1%.