Zhejiang Nhu Company Ltd.’s Net Profit Dropped 11.2% in First Three Quarters of 2022

Zhejiang Nhu Company Ltd. (浙江新和成股份有限公司) (002001.SZ) reported a net profit of 3 billion yuan in the first three quarters of 2022, down 11.2% year-on-year.

Meanwhile, the company posted 11.9 billion yuan in revenue, up 12.2% year-on-year.

At the end of the reporting period, it had 38.2 billion yuan in total assets and 15.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.