Cangzhou Mingzhu Plastic Co.,Ltd.’s Net Profit Dropped 18.3% in 2022

Cangzhou Mingzhu Plastic Co.,Ltd. (沧州明珠塑料股份有限公司) (002108.SZ) reported a net profit of 294.9 million yuan in 2022, down 18.3% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 25.4%.