Zhejiang Xinan Chemical Industrial Group Co.,Ltd.’s Net Profit Rose 11.5% in 2022

Zhejiang Xinan Chemical Industrial Group Co.,Ltd. (浙江新安化工集团股份有限公司) (600596.SH) reported a net profit of 3 billion yuan in 2022, up 11.5% year-on-year.

Meanwhile, the company posted 21.8 billion yuan in revenue, up 14.9% year-on-year.

At the end of the reporting period, it had 19.2 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.