Jiangsu Hengli Hydraulic Co.,Ltd.’s Net Profit Dropped 11.9% in First Three Quarters of 2022

Jiangsu Hengli Hydraulic Co.,Ltd. (江苏恒立液压股份有限公司) (601100.SH) reported a net profit of 1.8 billion yuan in the first three quarters of 2022, down 11.9% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 13.7 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 26.1%.