Qijing Machinery Co.,Ltd.’s Net Profit Dropped 28% in 2022

Qijing Machinery Co.,Ltd. (奇精机械股份有限公司) (603677.SH) reported a net profit of 64 million yuan in 2022, down 28% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 10% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 893 million yuan in total liabilities, with a liability-to-asset ratio of 44.5%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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