Kangda New Materials(Group) Co.,Ltd.’s Net Profit Rose 136.4% in 2022

Kangda New Materials(Group) Co.,Ltd. (康达新材料(集团)股份有限公司) (002669.SZ) reported a net profit of 50.7 million yuan in 2022, up 136.4% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.1%.