Jiangsu Shentong Valve Co.,Ltd.’s Net Profit Dropped 10.2% in 2022

Jiangsu Shentong Valve Co.,Ltd. (江苏神通阀门股份有限公司) (002438.SZ) reported a net profit of 227.6 million yuan in 2022, down 10.2% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 49.1%.