Weifang Yaxing Chemical Co.,Ltd.’s Net Profit Dropped 43.6% in 2022

Weifang Yaxing Chemical Co.,Ltd. (潍坊亚星化学股份有限公司) (600319.SH) reported a net profit of 108.8 million yuan in 2022, down 43.6% year-on-year.

Meanwhile, the company posted 846.7 million yuan in revenue, up 339.4% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 66.7%.