Shandong Longji Machinery Co.,Ltd.’s Net Profit Rose 42.4% in 2022

Shandong Longji Machinery Co.,Ltd. (山东隆基机械股份有限公司) (002363.SZ) reported a net profit of 41.3 million yuan in 2022, up 42.4% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 16.1% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.