Zhejiang Three Stars New Materials Co.,Ltd.’s Net Profit Rose 4.4% in 2022

Zhejiang Three Stars New Materials Co.,Ltd. (浙江三星新材股份有限公司) (603578.SH) reported a net profit of 99.6 million yuan in 2022, up 4.4% year-on-year.

Meanwhile, the company posted 762.9 million yuan in revenue, down 7.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 238.5 million yuan in total liabilities, with a liability-to-asset ratio of 19.7%.