Zhejiang Narada Power Source Co.,Ltd. Posted 574.3 Million Yuan Net Profit in First Three Quarters of 2022

Zhejiang Narada Power Source Co.,Ltd. (浙江南都电源动力股份有限公司) (300068.SZ) reported a net profit of 574.3 million yuan in the first three quarters of 2022, reversing a net loss of 86.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 8.5 billion yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.