Chengdu Rainbow Appliance(Group) Shares Co.,Ltd.’s Net Profit Dropped 17.1% in 2022

Chengdu Rainbow Appliance(Group) Shares Co.,Ltd. (成都彩虹电器(集团)股份有限公司) (003023.SZ) reported a net profit of 95.4 million yuan in 2022, down 17.1% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 539.3 million yuan in total liabilities, with a liability-to-asset ratio of 27.2%.