Zhejiang Longsheng Group Co.,Ltd.’s Net Profit Dropped 11.9% in 2022

Zhejiang Longsheng Group Co.,Ltd. (浙江龙盛集团股份有限公司) (600352.SH) reported a net profit of 3.3 billion yuan in 2022, down 11.9% year-on-year.

Meanwhile, the company posted 21.2 billion yuan in revenue, up 27.4% year-on-year.

At the end of the reporting period, it had 65.2 billion yuan in total assets and 30.4 billion yuan in total liabilities, with a liability-to-asset ratio of 46.7%.