Wuxi Commercial Mansion Grand Orient Co.,Ltd.’s Net Profit Dropped 71.6% in 2022

Wuxi Commercial Mansion Grand Orient Co.,Ltd. (无锡商业大厦大东方股份有限公司) (600327.SH) reported a net profit of 190.2 million yuan in 2022, down 71.6% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 54.7% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.1%.