Freewon China Co.,Ltd.’s Net Profit Rose 32.7% in 2022

Freewon China Co.,Ltd. (福立旺精密机电(中国)股份有限公司) (688678.SH) reported a net profit of 166.1 million yuan in 2022, up 32.7% year-on-year.

Meanwhile, the company posted 926.8 million yuan in revenue, up 27.6% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 828.3 million yuan in total liabilities, with a liability-to-asset ratio of 36%.

This article was automatically produced by Caixin Automation on May 8, 2023.

Download our app to receive breaking news alerts and read the news on the go.