Fujian Zhangzhou Development Co.,Ltd.’s Net Profit Dropped 34.1% in 2022

Fujian Zhangzhou Development Co.,Ltd. (福建漳州发展股份有限公司) (000753.SZ) reported a net profit of 97.1 million yuan in 2022, down 34.1% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.2%.