Apr 29, 2023 08:00 AM

Jiangsu Huahong Technology Stock Co.,Ltd.’s Net Profit Dropped 30% in 2022

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Jiangsu Huahong Technology Stock Co.,Ltd. (江苏华宏科技股份有限公司) (002645.SZ) reported a net profit of 379.1 million yuan in 2022, down 30% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36.8%.

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