Zhejiang Zhongcheng Packing Material Co.,Ltd.’s Net Profit Dropped 12.4% in 2022

Zhejiang Zhongcheng Packing Material Co.,Ltd. (浙江众成包装材料股份有限公司) (002522.SZ) reported a net profit of 123.6 million yuan in 2022, down 12.4% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.2%.