Jiangling Motors Co.,Ltd.’s Net Profit Rose 42.2% in First Three Quarters of 2022

Jiangling Motors Co.,Ltd. (江铃汽车股份有限公司) (000550.SZ) reported a net profit of 679.1 million yuan in the first three quarters of 2022, up 42.2% year-on-year.

Meanwhile, the company posted 22 billion yuan in revenue, down 13.6% year-on-year.

At the end of the reporting period, it had 26.9 billion yuan in total assets and 17.8 billion yuan in total liabilities, with a liability-to-asset ratio of 66.3%.