Guangdong Guanghong Holdings Co.,Ltd.’s Net Profit Rose 144.6% in 2022

Guangdong Guanghong Holdings Co.,Ltd. (广东广弘控股股份有限公司) (000529.SZ) reported a net profit of 940.7 million yuan in 2022, up 144.6% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46.8%.