Hunan Valin Steel Co.,Ltd.’s Net Profit Dropped 26.7% in 2022

Hunan Valin Steel Co.,Ltd. (湖南华菱钢铁股份有限公司) (000932.SZ) reported a net profit of 7.7 billion yuan in 2022, down 26.7% year-on-year.

Meanwhile, the company posted 168.1 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 119.7 billion yuan in total assets and 62.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.9%.