Zhejiang Kingland Pipeline And Technologies Co.,Ltd.’s Net Profit Dropped 42.7% in First Three Quarters of 2022

Zhejiang Kingland Pipeline And Technologies Co.,Ltd. (浙江金洲管道科技股份有限公司) (002443.SZ) reported a net profit of 175.2 million yuan in the first three quarters of 2022, down 42.7% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 29.5%.