Baiyang Investment Group,Inc.’s Net Profit Rose 110.8% in 2022

Baiyang Investment Group,Inc. (百洋产业投资集团股份有限公司) (002696.SZ) reported a net profit of 67.6 million yuan in 2022, up 110.8% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 47.6%.