Zhejiang Shengyang Science And Technology Co.,Ltd.’s Net Profit Dropped 6% in 2022

Zhejiang Shengyang Science And Technology Co.,Ltd. (浙江盛洋科技股份有限公司) (603703.SH) reported a net profit of 18.2 million yuan in 2022, down 6% year-on-year.

Meanwhile, the company posted 818.7 million yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.