Hangzhou Xzb Tech Co.,Ltd.’s Net Profit Rose 11.7% in First Three Quarters of 2022

Hangzhou Xzb Tech Co.,Ltd. (杭州新坐标科技股份有限公司) (603040.SH) reported a net profit of 120 million yuan in the first three quarters of 2022, up 11.7% year-on-year.

Meanwhile, the company posted 354 million yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 118.8 million yuan in total liabilities, with a liability-to-asset ratio of 9.9%.