Fujian Minfa Aluminum Inc.’s Net Profit Dropped 12.2% in 2022

Fujian Minfa Aluminum Inc. (福建省闽发铝业股份有限公司) (002578.SZ) reported a net profit of 51 million yuan in 2022, down 12.2% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 24.4% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 864.1 million yuan in total liabilities, with a liability-to-asset ratio of 36.3%.