Guangzhou Guangri Stock Co.,Ltd.’s Net Profit Dropped 21.7% in 2022

Guangzhou Guangri Stock Co.,Ltd. (广州广日股份有限公司) (600894.SH) reported a net profit of 501.9 million yuan in 2022, down 21.7% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 12.9 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 30.6%.