Tech-Bank Food Co.,Ltd. Posted 476.9 Million Yuan Net Profit in 2022

Tech-Bank Food Co.,Ltd. (天邦食品股份有限公司) (002124.SZ) reported a net profit of 476.9 million yuan in 2022, reversing a net loss of 4.5 billion yuan for the previous year.

Meanwhile, the company posted 9.6 billion yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 19.6 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 79.6%.