Xinjiang Beixin Road&Bridge Group Co.,Ltd.’s Net Profit Dropped 29.9% in 2022

Xinjiang Beixin Road&Bridge Group Co.,Ltd. (新疆北新路桥集团股份有限公司) (002307.SZ) reported a net profit of 48.3 million yuan in 2022, down 29.9% year-on-year.

Meanwhile, the company posted 11.7 billion yuan in revenue, down 5.4% year-on-year.

At the end of the reporting period, it had 51.2 billion yuan in total assets and 45.6 billion yuan in total liabilities, with a liability-to-asset ratio of 89.2%.