Zhejiang Kingland Pipeline And Technologies Co.,Ltd.’s Net Profit Dropped 36.1% in 2022

Zhejiang Kingland Pipeline And Technologies Co.,Ltd. (浙江金洲管道科技股份有限公司) (002443.SZ) reported a net profit of 264 million yuan in 2022, down 36.1% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, down 13.6% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.