Weihai Huadong Automation Co.,Ltd.’s Net Profit Rose 43.7% in First Three Quarters of 2022

Weihai Huadong Automation Co.,Ltd. (威海华东数控股份有限公司) (002248.SZ) reported a net profit of 11.1 million yuan in the first three quarters of 2022, up 43.7% year-on-year.

Meanwhile, the company posted 197.5 million yuan in revenue, down 15.4% year-on-year.

At the end of the reporting period, it had 589 million yuan in total assets and 513.6 million yuan in total liabilities, with a liability-to-asset ratio of 87.2%.