Baotailong New Materials Co.,Ltd.’s Net Profit Rose 3.5% in 2022

Baotailong New Materials Co.,Ltd. (宝泰隆新材料股份有限公司) (601011.SH) reported a net profit of 123.9 million yuan in 2022, up 3.5% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 37.5%.