Qingdao Copton Technology Company Limited’s Net Profit Dropped 63.1% in 2022

Qingdao Copton Technology Company Limited (青岛康普顿科技股份有限公司) (603798.SH) reported a net profit of 39 million yuan in 2022, down 63.1% year-on-year.

Meanwhile, the company posted 791.6 million yuan in revenue, down 28.6% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 190.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.5%.