Suzhou Hycan Holdings Co.,Ltd.’s Net Profit Dropped 38% in 2022

Suzhou Hycan Holdings Co.,Ltd. (苏州华源控股股份有限公司) (002787.SZ) reported a net profit of 11.1 million yuan in 2022, down 38% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 3.6% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.2%.