Jihua Group Corporation Limited Posted 226.7 Million Yuan Net Profit in 2022

Jihua Group Corporation Limited (际华集团股份有限公司) (601718.SH) reported a net profit of 226.7 million yuan in 2022, reversing a net loss of 325.1 million yuan for the previous year.

Meanwhile, the company posted 15.4 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 27.7 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 38.5%.