China West Construction Group Co.,Ltd.’s Net Profit Dropped 27.1% in 2022

China West Construction Group Co.,Ltd. (中建西部建设股份有限公司) (002302.SZ) reported a net profit of 715.1 million yuan in 2022, down 27.1% year-on-year.

Meanwhile, the company posted 24.9 billion yuan in revenue, down 7.7% year-on-year.

At the end of the reporting period, it had 33.8 billion yuan in total assets and 23.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.3%.