Ningxia Western Venture Industrial Co.,Ltd.’s Net Profit Rose 5.5% in 2022

Ningxia Western Venture Industrial Co.,Ltd. (宁夏西部创业实业股份有限公司) (000557.SZ) reported a net profit of 238 million yuan in 2022, up 5.5% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 44.4% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 528.8 million yuan in total liabilities, with a liability-to-asset ratio of 8.6%.