Fujian Sbs Zipper Science&Technology Co.,Ltd.’s Net Profit Dropped 50% in 2022

Fujian Sbs Zipper Science&Technology Co.,Ltd. (福建浔兴拉链科技股份有限公司) (002098.SZ) reported a net profit of 61.6 million yuan in 2022, down 50% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 753.4 million yuan in total liabilities, with a liability-to-asset ratio of 40.8%.