Shanghai Xintonglian Packinf Co.,Ltd.’s Net Profit Rose 68.6% in 2022

Shanghai Xintonglian Packinf Co.,Ltd. (上海新通联包装股份有限公司) (603022.SH) reported a net profit of 34.7 million yuan in 2022, up 68.6% year-on-year.

Meanwhile, the company posted 793 million yuan in revenue, up 8.9% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 268.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.8%.