Zhejiang Kaier New Materials Co.,Ltd.’s Net Profit Dropped 27.7% in First Three Quarters of 2022

Zhejiang Kaier New Materials Co.,Ltd. (浙江开尔新材料股份有限公司) (300234.SZ) reported a net profit of 35.4 million yuan in the first three quarters of 2022, down 27.7% year-on-year.

Meanwhile, the company posted 446.9 million yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 363.1 million yuan in total liabilities, with a liability-to-asset ratio of 25.8%.