Shengyi Technology Co.,Ltd.’s Net Profit Dropped 44.2% in 2022

Shengyi Technology Co.,Ltd. (广东生益科技股份有限公司) (600183.SH) reported a net profit of 1.6 billion yuan in 2022, down 44.2% year-on-year.

Meanwhile, the company posted 18 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 25.2 billion yuan in total assets and 9.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.3%.