Zhejiang Youpon Integrated Ceiling Co.,Ltd. Posted 94 Million Yuan Net Profit in 2022

Zhejiang Youpon Integrated Ceiling Co.,Ltd. (浙江友邦集成吊顶股份有限公司) (002718.SZ) reported a net profit of 94 million yuan in 2022, reversing a net loss of 339.1 million yuan for the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 585.1 million yuan in total liabilities, with a liability-to-asset ratio of 35.5%.