Huagong Tech Company Limited’s Net Profit Rose 19.1% in 2022

Huagong Tech Company Limited (华工科技产业股份有限公司) (000988.SZ) reported a net profit of 890.6 million yuan in 2022, up 19.1% year-on-year.

Meanwhile, the company posted 12 billion yuan in revenue, up 18.1% year-on-year.

At the end of the reporting period, it had 16.8 billion yuan in total assets and 8.5 billion yuan in total liabilities, with a liability-to-asset ratio of 50.8%.