Hangzhou Zhongtai Cryogenic Technology Corporation’s Net Profit Rose 12.8% in 2022

Hangzhou Zhongtai Cryogenic Technology Corporation (杭州中泰深冷技术股份有限公司) (300435.SZ) reported a net profit of 277 million yuan in 2022, up 12.8% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 35.3% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.