Zhejiang Zomax Transmission Co.,Ltd.’s Net Profit Dropped 42.7% in First Half of 2022

Zhejiang Zomax Transmission Co.,Ltd. (浙江中马传动股份有限公司) (603767.SH) reported a net profit of 18.5 million yuan in the first half of 2022, down 42.7% year-on-year.

Meanwhile, the company posted 451.9 million yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 427.8 million yuan in total liabilities, with a liability-to-asset ratio of 23.1%.