Wutong Holding Group Co.,Ltd.’s Net Profit Dropped 57% in 2022

Wutong Holding Group Co.,Ltd. (吴通控股集团股份有限公司) (300292.SZ) reported a net profit of 23.6 million yuan in 2022, down 57% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 14.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 49.6%.