Sinomach Automobile Co.,Ltd.’s Net Profit Rose 28.5% in First Three Quarters of 2022

Sinomach Automobile Co.,Ltd. (国机汽车股份有限公司) (600335.SH) reported a net profit of 247.3 million yuan in the first three quarters of 2022, up 28.5% year-on-year.

Meanwhile, the company posted 28.1 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 30.9 billion yuan in total assets and 20.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.