Zhejiang Kaier New Materials Co.,Ltd.’s Net Profit Rose 0.4% in 2022

Zhejiang Kaier New Materials Co.,Ltd. (浙江开尔新材料股份有限公司) (300234.SZ) reported a net profit of 72.5 million yuan in 2022, up 0.4% year-on-year.

Meanwhile, the company posted 703.7 million yuan in revenue, down 9.9% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 404.9 million yuan in total liabilities, with a liability-to-asset ratio of 27.6%.