China National Gold Group Gold Jewellery Co.,Ltd.’s Net Profit Dropped 3.8% in 2022

China National Gold Group Gold Jewellery Co.,Ltd. (中国黄金集团黄金珠宝股份有限公司) (600916.SH) reported a net profit of 767.1 million yuan in 2022, down 3.8% year-on-year.

Meanwhile, the company posted 47.1 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 11.6 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.