Zhuzhou Tianqiao Crane Co.,Ltd.’s Net Profit Dropped 44.6% in 2022

Zhuzhou Tianqiao Crane Co.,Ltd. (株洲天桥起重机股份有限公司) (002523.SZ) reported a net profit of 35.9 million yuan in 2022, down 44.6% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.3%.