Changzhou Fusion New Material Co.,Ltd.’s Net Profit Rose 58.5% in 2022

Changzhou Fusion New Material Co.,Ltd. (常州聚和新材料股份有限公司) (688503.SH) reported a net profit of 391.2 million yuan in 2022, up 58.5% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, up 27.9% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 21.8%.