Shanghai Yongli Belting Co.,Ltd.’s Net Profit Rose 16.4% in First Three Quarters of 2022

Shanghai Yongli Belting Co.,Ltd. (上海永利带业股份有限公司) (300230.SZ) reported a net profit of 206.7 million yuan in the first three quarters of 2022, up 16.4% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 40.4% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.6%.