Huitong Construction Group Co.,Ltd.’s Net Profit Dropped 9.6% in 2022

Huitong Construction Group Co.,Ltd. (汇通建设集团股份有限公司) (603176.SH) reported a net profit of 75.2 million yuan in 2022, down 9.6% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 79%.