Ningbo Xianfeng New Material Co.,Ltd.’s Net Profit Rose 3.6% in First Three Quarters of 2022

Ningbo Xianfeng New Material Co.,Ltd. (宁波先锋新材料股份有限公司) (300163.SZ) reported a net profit of 5.8 million yuan in the first three quarters of 2022, up 3.6% year-on-year.

Meanwhile, the company posted 246 million yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 640.1 million yuan in total assets and 39.9 million yuan in total liabilities, with a liability-to-asset ratio of 6.2%.