Brilliance Technology Co.,Ltd.’s Net Profit Dropped 25.2% in 2022

Brilliance Technology Co.,Ltd. (新晨科技股份有限公司) (300542.SZ) reported a net profit of 54.9 million yuan in 2022, down 25.2% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 37.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 711.9 million yuan in total liabilities, with a liability-to-asset ratio of 52.9%.