Yangtze Optical Fibre And Cable Joint Stock Limited Company’s Net Profit Rose 61.1% in 2022

Yangtze Optical Fibre And Cable Joint Stock Limited Company (长飞光纤光缆股份有限公司) (601869.SH) reported a net profit of 1.2 billion yuan in 2022, up 61.1% year-on-year.

Meanwhile, the company posted 13.8 billion yuan in revenue, up 45% year-on-year.

At the end of the reporting period, it had 28.2 billion yuan in total assets and 13.7 billion yuan in total liabilities, with a liability-to-asset ratio of 48.5%.