Fujian Dongbai(Group) Co.,Ltd.’s Net Profit Dropped 62.2% in 2022

Fujian Dongbai(Group) Co.,Ltd. (福建东百集团股份有限公司) (600693.SH) reported a net profit of 67.2 million yuan in 2022, down 62.2% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 11.8% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 10.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.5%.