Zhejiang China Light&Textile Industrial City Group Co.,Ltd.’s Net Profit Rose 169.4% in 2022

Zhejiang China Light&Textile Industrial City Group Co.,Ltd. (浙江中国轻纺城集团股份有限公司) (600790.SH) reported a net profit of 1.2 billion yuan in 2022, up 169.4% year-on-year.

Meanwhile, the company posted 820.2 million yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.