Shantou Wanshun New Material Group Co.,Ltd. Posted 203.5 Million Yuan Net Profit in 2022

Shantou Wanshun New Material Group Co.,Ltd. (汕头万顺新材集团股份有限公司) (300057.SZ) reported a net profit of 203.5 million yuan in 2022, reversing a net loss of 46.9 million yuan for the previous year.

Meanwhile, the company posted 5.8 billion yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.3%.