Jiangsu Sainty Corp.,Ltd. Posted 105.5 Million Yuan Net Profit in 2022

Jiangsu Sainty Corp.,Ltd. (江苏舜天股份有限公司) (600287.SH) reported a net profit of 105.5 million yuan in 2022, reversing a net loss of 582.5 million yuan for the previous year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 5.7% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.