Shanghai Fudan Forward S&T Co.,Ltd. Posted 658,792 Yuan Net Profit in 2022

Shanghai Fudan Forward S&T Co.,Ltd. (上海复旦复华科技股份有限公司) (600624.SH) reported a net profit of 658,792 yuan in 2022, reversing a net loss of 101.2 million yuan for the previous year.

Meanwhile, the company posted 789 million yuan in revenue, down 24.2% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 866.7 million yuan in total liabilities, with a liability-to-asset ratio of 46.6%.