Nanjing Xinlian Electronics Co.,Ltd.’s Net Profit Dropped 96.1% in 2022

Nanjing Xinlian Electronics Co.,Ltd. (南京新联电子股份有限公司) (002546.SZ) reported a net profit of 8.6 million yuan in 2022, down 96.1% year-on-year.

Meanwhile, the company posted 620.7 million yuan in revenue, up 33.5% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 384.7 million yuan in total liabilities, with a liability-to-asset ratio of 10.6%.