Jiaozuo Wanfang Aluminum Manufacturing Co.,Ltd.’s Net Profit Dropped 23.6% in 2022

Jiaozuo Wanfang Aluminum Manufacturing Co.,Ltd. (焦作万方铝业股份有限公司) (000612.SZ) reported a net profit of 303.1 million yuan in 2022, down 23.6% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, up 35.8% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 32.5%.