Ningbo Techmation Co.,Ltd.’s Net Profit Dropped 40.7% in First Three Quarters of 2022

Ningbo Techmation Co.,Ltd. (宁波弘讯科技股份有限公司) (603015.SH) reported a net profit of 44.1 million yuan in the first three quarters of 2022, down 40.7% year-on-year.

Meanwhile, the company posted 583.6 million yuan in revenue, down 20.7% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 727 million yuan in total liabilities, with a liability-to-asset ratio of 35.6%.