Ningbo Ronbay New Energy Technology Co.,Ltd.’s Net Profit Rose 67.9% in First Three Quarters of 2022

Ningbo Ronbay New Energy Technology Co.,Ltd. (宁波容百新能源科技股份有限公司) (688005.SH) reported a net profit of 919.5 million yuan in the first three quarters of 2022, up 67.9% year-on-year.

Meanwhile, the company posted 19.3 billion yuan in revenue, up 208.4% year-on-year.

At the end of the reporting period, it had 24.5 billion yuan in total assets and 16.5 billion yuan in total liabilities, with a liability-to-asset ratio of 67.5%.