Guizhou Redstar Developing Co.,Ltd.’s Net Profit Dropped 31.3% in 2022

Guizhou Redstar Developing Co.,Ltd. (贵州红星发展股份有限公司) (600367.SH) reported a net profit of 240.1 million yuan in 2022, down 31.3% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 928.6 million yuan in total liabilities, with a liability-to-asset ratio of 32.4%.