Qifeng New Material Co.,Ltd.’s Net Profit Dropped 94.5% in 2022

Qifeng New Material Co.,Ltd. (齐峰新材料股份有限公司) (002521.SZ) reported a net profit of 9.2 million yuan in 2022, down 94.5% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 15.8% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 25%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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