Ningbo Donly Co.,Ltd. Posted 408.3 Million Yuan Net Profit in First Three Quarters of 2022

Ningbo Donly Co.,Ltd. (宁波东力股份有限公司) (002164.SZ) reported a net profit of 408.3 million yuan in the first three quarters of 2022, reversing a net loss of 145 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.9%.