Sichuan Hongda Co.,Ltd.’s Net Profit Dropped 80.3% in 2022

Sichuan Hongda Co.,Ltd. (四川宏达股份有限公司) (600331.SH) reported a net profit of 60.3 million yuan in 2022, down 80.3% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 82.4%.

This article was automatically produced by Caixin Automation on April 27, 2023.

Download our app to receive breaking news alerts and read the news on the go.