Jiangnan Yifan Motor Co.,Ltd.’s Net Profit Rose 41.7% in First Three Quarters of 2022

Jiangnan Yifan Motor Co.,Ltd. (无锡江南奕帆电力传动科技股份有限公司) (301023.SZ) reported a net profit of 64.5 million yuan in the first three quarters of 2022, up 41.7% year-on-year.

Meanwhile, the company posted 138.7 million yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 915.7 million yuan in total assets and 79.2 million yuan in total liabilities, with a liability-to-asset ratio of 8.7%.