Jiangsu Tianmuhu Tourism Co.,Ltd.’s Net Profit Dropped 65.1% in 2022

Jiangsu Tianmuhu Tourism Co.,Ltd. (江苏天目湖旅游股份有限公司) (603136.SH) reported a net profit of 21.2 million yuan in 2022, down 65.1% year-on-year.

Meanwhile, the company posted 368.6 million yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 290 million yuan in total liabilities, with a liability-to-asset ratio of 18.4%.