Jiangshu Hengshun Vinegar Co.,Ltd.’s Net Profit Rose 9.4% in 2022

Jiangshu Hengshun Vinegar Co.,Ltd. (江苏恒顺醋业股份有限公司) (600305.SH) reported a net profit of 129.5 million yuan in 2022, up 9.4% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 13% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 741.7 million yuan in total liabilities, with a liability-to-asset ratio of 25%.