Guangdong Dowstone Technology Co.,Ltd.’s Net Profit Dropped 87% in 2022

Guangdong Dowstone Technology Co.,Ltd. (广东道氏技术股份有限公司) (300409.SZ) reported a net profit of 73.8 million yuan in 2022, down 87% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 11.7 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.5%.