Yueyang Xingchang Petro-Chemical Co.,Ltd.’s Net Profit Rose 25.7% in 2022

Yueyang Xingchang Petro-Chemical Co.,Ltd. (岳阳兴长石化股份有限公司) (000819.SZ) reported a net profit of 91.3 million yuan in 2022, up 25.7% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 65% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 307.5 million yuan in total liabilities, with a liability-to-asset ratio of 22.2%.