Suzhou Hailu Heavy Industry Co.,Ltd.’s Net Profit Rose 8% in First Three Quarters of 2022

Suzhou Hailu Heavy Industry Co.,Ltd. (苏州海陆重工股份有限公司) (002255.SZ) reported a net profit of 208.2 million yuan in the first three quarters of 2022, up 8% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 19% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.1%.