Wuxi Longsheng Technology Co.,Ltd.’s Net Profit Dropped 26.1% in 2022

Wuxi Longsheng Technology Co.,Ltd. (无锡隆盛科技股份有限公司) (300680.SZ) reported a net profit of 72.1 million yuan in 2022, down 26.1% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 23.5% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 40.9%.