Black Peony(Group) Co.,Ltd.’s Net Profit Dropped 0.8% in 2022

Black Peony(Group) Co.,Ltd. (黑牡丹(集团)股份有限公司) (600510.SH) reported a net profit of 846.2 million yuan in 2022, down 0.8% year-on-year.

Meanwhile, the company posted 11.5 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 31.5 billion yuan in total assets and 20.6 billion yuan in total liabilities, with a liability-to-asset ratio of 65.4%.