Apr 29, 2023 08:00 AM

Hubei Energy Group Co.,Ltd.’s Net Profit Dropped 57.6% in 2022

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Hubei Energy Group Co.,Ltd. (湖北能源集团股份有限公司) (000883.SZ) reported a net profit of 1 billion yuan in 2022, down 57.6% year-on-year.

Meanwhile, the company posted 20.6 billion yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 79.5 billion yuan in total assets and 42.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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