Beijing Hezong Science&Technology Co.,Ltd.’s Net Profit Dropped 69% in 2022

Beijing Hezong Science&Technology Co.,Ltd. (北京合纵科技股份有限公司) (300477.SZ) reported a net profit of 33 million yuan in 2022, down 69% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 21.9% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.9%.