Jiangsu Jiangnan High Polymer Fiber Co.,Ltd.’s Net Profit Dropped 18.6% in 2022

Jiangsu Jiangnan High Polymer Fiber Co.,Ltd. (江苏江南高纤股份有限公司) (600527.SH) reported a net profit of 83.5 million yuan in 2022, down 18.6% year-on-year.

Meanwhile, the company posted 831 million yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 153.6 million yuan in total liabilities, with a liability-to-asset ratio of 6.1%.