Hangzhou Robam Appliances Co.,Ltd.’s Net Profit Rose 15.5% in 2022

Hangzhou Robam Appliances Co.,Ltd. (杭州老板电器股份有限公司) (002508.SZ) reported a net profit of 1.6 billion yuan in 2022, up 15.5% year-on-year.

Meanwhile, the company posted 10.3 billion yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 15 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.5%.