Embedway Technologies(Shanghai) Corporation’s Net Profit Rose 51.8% in 2022

Embedway Technologies(Shanghai) Corporation (恒为科技(上海)股份有限公司) (603496.SH) reported a net profit of 75.2 million yuan in 2022, up 51.8% year-on-year.

Meanwhile, the company posted 770.5 million yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 442.6 million yuan in total liabilities, with a liability-to-asset ratio of 25.9%.