Guangdong Lingxiao Pump Industry Co.,Ltd.’s Net Profit Dropped 12.7% in 2022

Guangdong Lingxiao Pump Industry Co.,Ltd. (广东凌霄泵业股份有限公司) (002884.SZ) reported a net profit of 421.9 million yuan in 2022, down 12.7% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 28.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 137 million yuan in total liabilities, with a liability-to-asset ratio of 5.8%.