Jiangsu Yawei Machine Tool Co.,Ltd.’s Net Profit Dropped 35.3% in First Three Quarters of 2022

Jiangsu Yawei Machine Tool Co.,Ltd. (江苏亚威机床股份有限公司) (002559.SZ) reported a net profit of 71.3 million yuan in the first three quarters of 2022, down 35.3% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.