Hailun Piano Co.,Ltd. Posted 8.3 Million Yuan Net Profit in 2022

Hailun Piano Co.,Ltd. (海伦钢琴股份有限公司) (300329.SZ) reported a net profit of 8.3 million yuan in 2022, reversing a net loss of 81 million yuan for the previous year.

Meanwhile, the company posted 379.2 million yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 488.2 million yuan in total liabilities, with a liability-to-asset ratio of 34.7%.