Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd.’s Net Profit Dropped 64.3% in 2022

Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd. (广东风华高新科技股份有限公司) (000636.SZ) reported a net profit of 339.5 million yuan in 2022, down 64.3% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 23.4% year-on-year.

At the end of the reporting period, it had 15.8 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 24.1%.