Jiangsu Xiuqiang Glasswork Co.,Ltd.’s Net Profit Rose 34.4% in 2022

Jiangsu Xiuqiang Glasswork Co.,Ltd. (江苏秀强玻璃工艺股份有限公司) (300160.SZ) reported a net profit of 184.4 million yuan in 2022, up 34.4% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 3.4% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 528 million yuan in total liabilities, with a liability-to-asset ratio of 19%.