Jiangxi Guotai Group Co.,Ltd.’s Net Profit Dropped 35.6% in 2022

Jiangxi Guotai Group Co.,Ltd. (江西国泰集团股份有限公司) (603977.SH) reported a net profit of 179.9 million yuan in 2022, down 35.6% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 33.2%.