Wanxiang Doneed Co.,Ltd.’s Net Profit Rose 133.8% in First Three Quarters of 2022

Wanxiang Doneed Co.,Ltd. (万向德农股份有限公司) (600371.SH) reported a net profit of 61.5 million yuan in the first three quarters of 2022, up 133.8% year-on-year.

Meanwhile, the company posted 173.5 million yuan in revenue, up 11.6% year-on-year.

At the end of the reporting period, it had 858.5 million yuan in total assets and 247.8 million yuan in total liabilities, with a liability-to-asset ratio of 28.9%.