Dongguan Golden Sun Abrasives Co.,Ltd.’s Net Profit Dropped 61.5% in 2022

Dongguan Golden Sun Abrasives Co.,Ltd. (东莞金太阳研磨股份有限公司) (300606.SZ) reported a net profit of 26.3 million yuan in 2022, down 61.5% year-on-year.

Meanwhile, the company posted 395.2 million yuan in revenue, down 11.6% year-on-year.

At the end of the reporting period, it had 833.5 million yuan in total assets and 229.8 million yuan in total liabilities, with a liability-to-asset ratio of 27.6%.