Zhejiang Jinfei Kaida Wheel Co.,Ltd.’s Net Profit Dropped 1.8% in First Three Quarters of 2022

Zhejiang Jinfei Kaida Wheel Co.,Ltd. (浙江今飞凯达轮毂股份有限公司) (002863.SZ) reported a net profit of 61.3 million yuan in the first three quarters of 2022, down 1.8% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 14% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 68.4%.