Guangdong Jingyi Metal Co.,Ltd.’s Net Profit Dropped 50.6% in 2022

Guangdong Jingyi Metal Co.,Ltd. (广东精艺金属股份有限公司) (002295.SZ) reported a net profit of 28.9 million yuan in 2022, down 50.6% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, down 28.5% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.