Jiangsu Tongda Power Technology Co.,Ltd.’s Net Profit Dropped 46.4% in First Three Quarters of 2022

Jiangsu Tongda Power Technology Co.,Ltd. (江苏通达动力科技股份有限公司) (002576.SZ) reported a net profit of 48.5 million yuan in the first three quarters of 2022, down 46.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 8.5% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 649.6 million yuan in total liabilities, with a liability-to-asset ratio of 37.4%.