Apr 29, 2023 08:00 AM

Shanghai Baosteel Packaging Co,.Ltd.’s Net Profit Dropped 1.9% in 2022

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Shanghai Baosteel Packaging Co,.Ltd. (上海宝钢包装股份有限公司) (601968.SH) reported a net profit of 280.4 million yuan in 2022, down 1.9% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.

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