Beijing Creative Distribution Automation Co.,Ltd.’s Net Profit Dropped 87% in 2022

Beijing Creative Distribution Automation Co.,Ltd. (北京科锐配电自动化股份有限公司) (002350.SZ) reported a net profit of 15.5 million yuan in 2022, down 87% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.