Jiangsu Tongguang Electronic Wire And Cable Co.,Ltd.’s Net Profit Rose 59.4% in 2022

Jiangsu Tongguang Electronic Wire And Cable Co.,Ltd. (江苏通光电子线缆股份有限公司) (300265.SZ) reported a net profit of 87.1 million yuan in 2022, up 59.4% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.