Jiangsu Pacific Precision Forging Co.,Ltd.’s Net Profit Rose 30.9% in First Three Quarters of 2022

Jiangsu Pacific Precision Forging Co.,Ltd. (江苏太平洋精锻科技股份有限公司) (300258.SZ) reported a net profit of 174.2 million yuan in the first three quarters of 2022, up 30.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 24% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 38%.