Argus(Shanghai) Textile Chemicals Co.,Ltd.’s Net Profit Dropped 40.2% in 2022

Argus(Shanghai) Textile Chemicals Co.,Ltd. (上海雅运纺织化工股份有限公司) (603790.SH) reported a net profit of 39.3 million yuan in 2022, down 40.2% year-on-year.

Meanwhile, the company posted 768.2 million yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 364.1 million yuan in total liabilities, with a liability-to-asset ratio of 22.5%.