Ningbo Fubang Jingye Group Co.,Ltd.’s Net Profit Rose 6947.5% in 2022

Ningbo Fubang Jingye Group Co.,Ltd. (宁波富邦精业集团股份有限公司) (600768.SH) reported a net profit of 171.5 million yuan in 2022, up 6947.5% year-on-year.

Meanwhile, the company posted 303.1 million yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 559.8 million yuan in total assets and 167.3 million yuan in total liabilities, with a liability-to-asset ratio of 29.9%.