Shandong Dawn Polymer Material Co.,Ltd.’s Net Profit Dropped 32.7% in 2022

Shandong Dawn Polymer Material Co.,Ltd. (山东道恩高分子材料股份有限公司) (002838.SZ) reported a net profit of 166.3 million yuan in 2022, down 32.7% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.