Shanghai New Huang Pu Industrial Group Co.,Ltd.’s Net Profit Dropped 55.3% in 2022

Shanghai New Huang Pu Industrial Group Co.,Ltd. (上海新黄浦实业集团股份有限公司) (600638.SH) reported a net profit of 65 million yuan in 2022, down 55.3% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 24.5 billion yuan in total assets and 19.9 billion yuan in total liabilities, with a liability-to-asset ratio of 81.3%.