Jiangsu Chengxing Phosph-Chemicals Co.,Ltd.’s Net Profit Dropped 63.4% in 2022

Jiangsu Chengxing Phosph-Chemicals Co.,Ltd. (江苏澄星磷化工股份有限公司) (600078.SH) reported a net profit of 780.4 million yuan in 2022, down 63.4% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 36.1% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 55.1%.