Zhejiang Southeast Space Frame Co.,Ltd.’s Net Profit Dropped 40.7% in 2022

Zhejiang Southeast Space Frame Co.,Ltd. (浙江东南网架股份有限公司) (002135.SZ) reported a net profit of 294 million yuan in 2022, down 40.7% year-on-year.

Meanwhile, the company posted 12.1 billion yuan in revenue, up 6.9% year-on-year.

At the end of the reporting period, it had 17.5 billion yuan in total assets and 11.3 billion yuan in total liabilities, with a liability-to-asset ratio of 64.4%.