Hangzhou Nbond Nonwovens Co.,Ltd.’s Net Profit Dropped 63.3% in First Three Quarters of 2022

Hangzhou Nbond Nonwovens Co.,Ltd. (杭州诺邦无纺股份有限公司) (603238.SH) reported a net profit of 44.2 million yuan in the first three quarters of 2022, down 63.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 3.8% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 716.8 million yuan in total liabilities, with a liability-to-asset ratio of 32%.