Hangzhou Kaierda Welding Robot Co.,Ltd.’s Net Profit Dropped 26.3% in First Three Quarters of 2022

Hangzhou Kaierda Welding Robot Co.,Ltd. (杭州凯尔达焊接机器人股份有限公司) (688255.SH) reported a net profit of 34.2 million yuan in the first three quarters of 2022, down 26.3% year-on-year.

Meanwhile, the company posted 316.5 million yuan in revenue, down 29.2% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 94.6 million yuan in total liabilities, with a liability-to-asset ratio of 7.8%.