Jiangsu Wuyang Parking Industry Group Co.,Ltd. Posted 50.8 Million Yuan Net Profit in 2022

Jiangsu Wuyang Parking Industry Group Co.,Ltd. (江苏五洋停车产业集团股份有限公司) (300420.SZ) reported a net profit of 50.8 million yuan in 2022, reversing a net loss of 179.3 million yuan for the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 6.3% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 29.2%.