Suntront Technology Co.,Ltd.’s Net Profit Dropped 40.7% in 2022

Suntront Technology Co.,Ltd. (新天科技股份有限公司) (300259.SZ) reported a net profit of 245.6 million yuan in 2022, down 40.7% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 564.7 million yuan in total liabilities, with a liability-to-asset ratio of 16.4%.