Apr 29, 2023 08:00 AM

Hunan Valin Wire&Cable Co.,Ltd.’s Net Profit Dropped 18.4% in 2022

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Hunan Valin Wire&Cable Co.,Ltd. (湖南华菱线缆股份有限公司) (001208.SZ) reported a net profit of 109.8 million yuan in 2022, down 18.4% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 18.6% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.

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