Apr 14, 2023 08:00 AM

Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.’s Net Profit Rose 32% in 2022

By Caixin Automation

Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd. (上海外高桥集团股份有限公司) (600648.SH) reported a net profit of 1.3 billion yuan in 2022, up 32% year-on-year.

Meanwhile, the company posted 9.1 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 41.7 billion yuan in total assets and 29.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.

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