Ningbo Fangzheng Automobile Mould Co.,Ltd.’s Net Profit Dropped 29.3% in First Three Quarters of 2022

Ningbo Fangzheng Automobile Mould Co.,Ltd. (宁波方正汽车模具股份有限公司) (300998.SZ) reported a net profit of 7.8 million yuan in the first three quarters of 2022, down 29.3% year-on-year.

Meanwhile, the company posted 487.6 million yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 785.9 million yuan in total liabilities, with a liability-to-asset ratio of 58%.