Zhangjiagang Guangda Special Material Co.,Ltd.’s Net Profit Dropped 33% in 2022

Zhangjiagang Guangda Special Material Co.,Ltd. (张家港广大特材股份有限公司) (688186.SH) reported a net profit of 113 million yuan in 2022, down 33% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 23% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 64%.