Chongqing Construction Engineering Group Corporation Limited’s Net Profit Dropped 43.9% in 2022

Chongqing Construction Engineering Group Corporation Limited (重庆建工集团股份有限公司) (600939.SH) reported a net profit of 160.1 million yuan in 2022, down 43.9% year-on-year.

Meanwhile, the company posted 49.3 billion yuan in revenue, down 14.7% year-on-year.

At the end of the reporting period, it had 82.1 billion yuan in total assets and 72.8 billion yuan in total liabilities, with a liability-to-asset ratio of 88.7%.