Norinco International Cooperation Ltd.’s Net Profit Rose 18.9% in First Three Quarters of 2022

Norinco International Cooperation Ltd. (北方国际合作股份有限公司) (000065.SZ) reported a net profit of 622.2 million yuan in the first three quarters of 2022, up 18.9% year-on-year.

Meanwhile, the company posted 9.2 billion yuan in revenue, up 18.6% year-on-year.

At the end of the reporting period, it had 22.3 billion yuan in total assets and 13.7 billion yuan in total liabilities, with a liability-to-asset ratio of 61.7%.