Duolun Technology Corporation Ltd. Posted 42.9 Million Yuan Net Profit in 2022

Duolun Technology Corporation Ltd. (多伦科技股份有限公司) (603528.SH) reported a net profit of 42.9 million yuan in 2022, reversing a net loss of 175.1 million yuan for the previous year.

Meanwhile, the company posted 739.8 million yuan in revenue, up 3.5% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.2%.