Bichamp Cutting Technology(Hunan) Co.,Ltd.’s Net Profit Rose 99.1% in 2022

Bichamp Cutting Technology(Hunan) Co.,Ltd. (湖南泰嘉新材料科技股份有限公司) (002843.SZ) reported a net profit of 138.6 million yuan in 2022, up 99.1% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 85.6% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.