Konfoong Materials International Co.,Ltd.’s Net Profit Rose 139% in 2022

Konfoong Materials International Co.,Ltd. (宁波江丰电子材料股份有限公司) (300666.SZ) reported a net profit of 237.4 million yuan in 2022, up 139% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 45.8% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 21.6%.