Guodian Nanjing Automation Company Limited’s Net Profit Dropped 23% in First Three Quarters of 2022

Guodian Nanjing Automation Company Limited (国电南京自动化股份有限公司) (600268.SH) reported a net profit of 166.3 million yuan in the first three quarters of 2022, down 23% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 21.5% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.