Huida Sanitary Ware Co.,Ltd.’s Net Profit Dropped 48.6% in 2022

Huida Sanitary Ware Co.,Ltd. (惠达卫浴股份有限公司) (603385.SH) reported a net profit of 122.2 million yuan in 2022, down 48.6% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 12.2% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 31.6%.