Zhejiang Shuanghuan Driveline Co.,Ltd.’s Net Profit Rose 68.3% in First Three Quarters of 2022

Zhejiang Shuanghuan Driveline Co.,Ltd. (浙江双环传动机械股份有限公司) (002472.SZ) reported a net profit of 416.9 million yuan in the first three quarters of 2022, up 68.3% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.