Hebei Hengshui Laobaigan Liquor Co.,Ltd.’s Net Profit Rose 82.1% in 2022

Hebei Hengshui Laobaigan Liquor Co.,Ltd. (河北衡水老白干酒业股份有限公司) (600559.SH) reported a net profit of 707.6 million yuan in 2022, up 82.1% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.3%.