Caixin
Apr 28, 2023 08:00 AM

Guangdong Mingzhu Group Co.,Ltd.’s Net Profit Dropped 73.1% in 2022

00:00
00:00/00:00
Listen to this article 1x

Guangdong Mingzhu Group Co.,Ltd. (广东明珠集团股份有限公司) (600382.SH) reported a net profit of 292.2 million yuan in 2022, down 73.1% year-on-year.

Meanwhile, the company posted 935.2 million yuan in revenue, down 46.4% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 483.9 million yuan in total liabilities, with a liability-to-asset ratio of 11.6%.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning
00:00
00:00/00:00