Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd.’s Net Profit Rose 20.7% in 2022

Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd. (新疆雪峰科技(集团)股份有限公司) (603227.SH) reported a net profit of 1.3 billion yuan in 2022, up 20.7% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 24% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.