Shanghai Hi-Road Food Technology Co.,Ltd.’s Net Profit Dropped 17% in 2022

Shanghai Hi-Road Food Technology Co.,Ltd. (上海海融食品科技股份有限公司) (300915.SZ) reported a net profit of 93.3 million yuan in 2022, down 17% year-on-year.

Meanwhile, the company posted 868.2 million yuan in revenue, up 16.2% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 269 million yuan in total liabilities, with a liability-to-asset ratio of 15.6%.