Zhejiang Tieliu Clutch Co.,Ltd.’s Net Profit Dropped 54.8% in First Three Quarters of 2022

Zhejiang Tieliu Clutch Co.,Ltd. (浙江铁流离合器股份有限公司) (603926.SH) reported a net profit of 67.8 million yuan in the first three quarters of 2022, down 54.8% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 22.6% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.