Zhejiang Wanfeng Auto Wheel Co.,Ltd.’s Net Profit Rose 94% in 2022

Zhejiang Wanfeng Auto Wheel Co.,Ltd. (浙江万丰奥威汽轮股份有限公司) (002085.SZ) reported a net profit of 1 billion yuan in 2022, up 94% year-on-year.

Meanwhile, the company posted 16.4 billion yuan in revenue, up 31.7% year-on-year.

At the end of the reporting period, it had 18.2 billion yuan in total assets and 9.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.