Xinjiang Yilite Industry Co.,Ltd.’s Net Profit Dropped 47.2% in 2022

Xinjiang Yilite Industry Co.,Ltd. (新疆伊力特实业股份有限公司) (600197.SH) reported a net profit of 169.6 million yuan in 2022, down 47.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 933.2 million yuan in total liabilities, with a liability-to-asset ratio of 19.9%.