Hanghai Belling Co.,Ltd.’s Net Profit Dropped 27.5% in First Three Quarters of 2022

Hanghai Belling Co.,Ltd. (上海贝岭股份有限公司) (600171.SH) reported a net profit of 372.2 million yuan in the first three quarters of 2022, down 27.5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 5.7% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 753.6 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.