Nanjing Xinlian Electronics Co.,Ltd.’s Net Profit Dropped 87.7% in First Three Quarters of 2022

Nanjing Xinlian Electronics Co.,Ltd. (南京新联电子股份有限公司) (002546.SZ) reported a net profit of 14.7 million yuan in the first three quarters of 2022, down 87.7% year-on-year.

Meanwhile, the company posted 388.1 million yuan in revenue, up 44.5% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 327.2 million yuan in total liabilities, with a liability-to-asset ratio of 9.2%.