China State Construction Engineering Corporation Limited’s Net Profit Dropped 11.1% in 2022

China State Construction Engineering Corporation Limited (中国建筑股份有限公司) (601668.SH) reported a net profit of 69.2 billion yuan in 2022, down 11.1% year-on-year.

Meanwhile, the company posted 2.1 trillion yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 2.7 trillion yuan in total assets and 2 trillion yuan in total liabilities, with a liability-to-asset ratio of 74.4%.