China Cssc Holdings Limited’s Net Profit Rose 276.3% in 2022

China Cssc Holdings Limited (中国船舶工业股份有限公司) (600150.SH) reported a net profit of 872.5 million yuan in 2022, up 276.3% year-on-year.

Meanwhile, the company posted 59.6 billion yuan in revenue, down 0.3% year-on-year.

At the end of the reporting period, it had 162.6 billion yuan in total assets and 112.3 billion yuan in total liabilities, with a liability-to-asset ratio of 69.1%.