Wuxi Paike New Materials Technology Co.,Ltd.’s Net Profit Rose 59.6% in 2022

Wuxi Paike New Materials Technology Co.,Ltd. (无锡派克新材料科技股份有限公司) (605123.SH) reported a net profit of 485.6 million yuan in 2022, up 59.6% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 60.5% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.5%.