Hunan Oil Pump Co.,Ltd.’s Net Profit Dropped 14.4% in First Three Quarters of 2022

Hunan Oil Pump Co.,Ltd. (湖南机油泵股份有限公司) (603319.SH) reported a net profit of 109.8 million yuan in the first three quarters of 2022, down 14.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 5.3% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.