North Industries Group Red Arrow Co.,Ltd.’s Net Profit Rose 68.8% in 2022

North Industries Group Red Arrow Co.,Ltd. (中兵红箭股份有限公司) (000519.SZ) reported a net profit of 819.1 million yuan in 2022, up 68.8% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 15 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 35%.