Huzhou Times New Materials Technology Co.,Ltd.’s Net Profit Rose 15.1% in 2022

Huzhou Times New Materials Technology Co.,Ltd. (株洲时代新材料科技股份有限公司) (600458.SH) reported a net profit of 250.7 million yuan in 2022, up 15.1% year-on-year.

Meanwhile, the company posted 15 billion yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 17.3 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 63.3%.