Winall Hi-Tech Seed Co.,Ltd.’s Net Profit Rose 44.7% in 2022

Winall Hi-Tech Seed Co.,Ltd. (安徽荃银高科种业股份有限公司) (300087.SZ) reported a net profit of 307.4 million yuan in 2022, up 44.7% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 38.5% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.