Hengdian Group Dmegc Magnetics Co.,Ltd.’s Net Profit Rose 49% in 2022

Hengdian Group Dmegc Magnetics Co.,Ltd. (横店集团东磁股份有限公司) (002056.SZ) reported a net profit of 1.7 billion yuan in 2022, up 49% year-on-year.

Meanwhile, the company posted 19.5 billion yuan in revenue, up 54.3% year-on-year.

At the end of the reporting period, it had 17.6 billion yuan in total assets and 9.8 billion yuan in total liabilities, with a liability-to-asset ratio of 55.9%.