Shanghai Bairun Investment Holding Group Co.,Ltd.’s Net Profit Dropped 21.6% in 2022

Shanghai Bairun Investment Holding Group Co.,Ltd. (上海百润投资控股集团股份有限公司) (002568.SZ) reported a net profit of 520.8 million yuan in 2022, down 21.6% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.7%.