Cofco Capital Holdings Co.,Ltd.’s Net Profit Dropped 46.7% in 2022

Cofco Capital Holdings Co.,Ltd. (中粮资本控股股份有限公司) (002423.SZ) reported a net profit of 1.1 billion yuan in 2022, down 46.7% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 117.3 billion yuan in total assets and 92.5 billion yuan in total liabilities, with a liability-to-asset ratio of 78.8%.