China Tungsten And Hightech Materials Co.,Ltd.’s Net Profit Rose 3.5% in 2022

China Tungsten And Hightech Materials Co.,Ltd. (中钨高新材料股份有限公司) (000657.SZ) reported a net profit of 660.6 million yuan in 2022, up 3.5% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, up 8.2% year-on-year.

At the end of the reporting period, it had 11.7 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 47.6%.