Sichuan Huiyuan Optical Communications Co.,Ltd.’s Net Profit Dropped 31.6% in 2022

Sichuan Huiyuan Optical Communications Co.,Ltd. (四川汇源光通信股份有限公司) (000586.SZ) reported a net profit of 19.2 million yuan in 2022, down 31.6% year-on-year.

Meanwhile, the company posted 446.3 million yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 558.2 million yuan in total assets and 237.9 million yuan in total liabilities, with a liability-to-asset ratio of 42.6%.