Hunan Chendian International Development Share-Holding Limited Company’s Net Profit Dropped 60.2% in 2022

Hunan Chendian International Development Share-Holding Limited Company (湖南郴电国际发展股份有限公司) (600969.SH) reported a net profit of 47.5 million yuan in 2022, down 60.2% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 17.7% year-on-year.

At the end of the reporting period, it had 15.6 billion yuan in total assets and 11.7 billion yuan in total liabilities, with a liability-to-asset ratio of 75.1%.