Voneseals Technology(Shanghai) Co.,Ltd.’s Net Profit Dropped 5.3% in First Three Quarters of 2022

Voneseals Technology(Shanghai) Co.,Ltd. (上海唯万密封科技股份有限公司) (301161.SZ) reported a net profit of 43.4 million yuan in the first three quarters of 2022, down 5.3% year-on-year.

Meanwhile, the company posted 268 million yuan in revenue, down 17% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 196.1 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.