Changchun Faway Automobile Components Co.,Ltd.’s Net Profit Dropped 15.3% in 2022

Changchun Faway Automobile Components Co.,Ltd. (长春一汽富维汽车零部件股份有限公司) (600742.SH) reported a net profit of 826.3 million yuan in 2022, down 15.3% year-on-year.

Meanwhile, the company posted 20 billion yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 20.2 billion yuan in total assets and 10.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.5%.