Nanxing Machinery Co.,Ltd.’s Net Profit Dropped 17% in First Three Quarters of 2022

Nanxing Machinery Co.,Ltd. (南兴装备股份有限公司) (002757.SZ) reported a net profit of 206.9 million yuan in the first three quarters of 2022, down 17% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36.7%.