Zhejiang China Commodities City Group Co.,Ltd.’s Net Profit Dropped 17% in 2022

Zhejiang China Commodities City Group Co.,Ltd. (浙江中国小商品城集团股份有限公司) (600415.SH) reported a net profit of 1.1 billion yuan in 2022, down 17% year-on-year.

Meanwhile, the company posted 7.6 billion yuan in revenue, up 26.3% year-on-year.

At the end of the reporting period, it had 32.1 billion yuan in total assets and 16.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.