Shaanxi Construction Engineering Group Corporation Limited’s Net Profit Rose 22% in 2022

Shaanxi Construction Engineering Group Corporation Limited (陕西建工集团股份有限公司) (600248.SH) reported a net profit of 4.6 billion yuan in 2022, up 22% year-on-year.

Meanwhile, the company posted 189.4 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 308.8 billion yuan in total assets and 274.1 billion yuan in total liabilities, with a liability-to-asset ratio of 88.8%.