Jiangsu Yinhe Electronics Co.,Ltd. Posted 140.6 Million Yuan Net Profit in First Three Quarters of 2022

Jiangsu Yinhe Electronics Co.,Ltd. (江苏银河电子股份有限公司) (002519.SZ) reported a net profit of 140.6 million yuan in the first three quarters of 2022, reversing a net loss of 14.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 903 million yuan in revenue, down 22.2% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 518.9 million yuan in total liabilities, with a liability-to-asset ratio of 14.6%.