Anhui Wanwei Updated High-Tech Material Industry Company Limited’s Net Profit Rose 36.7% in 2022

Anhui Wanwei Updated High-Tech Material Industry Company Limited (安徽皖维高新材料股份有限公司) (600063.SH) reported a net profit of 1.4 billion yuan in 2022, up 36.7% year-on-year.

Meanwhile, the company posted 9.9 billion yuan in revenue, up 21.3% year-on-year.

At the end of the reporting period, it had 13.2 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 41.2%.