Shanghai Jahwa United Co.,Ltd.’s Net Profit Dropped 27.3% in 2022

Shanghai Jahwa United Co.,Ltd. (上海家化联合股份有限公司) (600315.SH) reported a net profit of 472 million yuan in 2022, down 27.3% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 7.1% year-on-year.

At the end of the reporting period, it had 12.3 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 40.9%.