Fuyao Glass Industry Group Co.,Ltd.’s Net Profit Rose 51.2% in 2022

Fuyao Glass Industry Group Co.,Ltd. (福耀玻璃工业集团股份有限公司) (600660.SH) reported a net profit of 4.8 billion yuan in 2022, up 51.2% year-on-year.

Meanwhile, the company posted 28.1 billion yuan in revenue, up 19% year-on-year.

At the end of the reporting period, it had 50.8 billion yuan in total assets and 21.8 billion yuan in total liabilities, with a liability-to-asset ratio of 42.9%.