Zhejiang Jianfeng Group Co.,Ltd.’s Net Profit Dropped 67% in 2022

Zhejiang Jianfeng Group Co.,Ltd. (浙江尖峰集团股份有限公司) (600668.SH) reported a net profit of 333.2 million yuan in 2022, down 67% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 6.4% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 23.7%.