Kingfa Technology released its annual report for 2022

On April 24, 2023, Kingfa Technology released its annual report for 2022. During the reporting period, the company realized operating income of about 40.412 billion yuan, an increase of 0.53% over the same period of last year, and realized net profit of about 1.992 billion yuan for shareholders of listed companies, an increase of 19.89% year on year. The company intends to pay a cash dividend of 2.30 yuan (including tax) for every 10 shares, and a total cash dividend of about 610 million yuan based on the total share capital of the company.

From the performance of specific business sectors, the sales of finished products of the modified plastic plate in 2022 were about 1.7622 million tons, up 0.97% from the same period of last year, and the operating income was about 25.647 billion yuan, an increase of 1.26% on annual basis. Among them, automotive materials performed well, with sales of about 751100 tons for the whole year, an increase of 21.64% on the year.