Hunan Tyen Machinery Co.,Ltd.’s Net Profit Rose 61.6% in First Three Quarters of 2022

Hunan Tyen Machinery Co.,Ltd. (湖南天雁机械股份有限公司) (600698.SH) reported a net profit of 256,849 yuan in the first three quarters of 2022, up 61.6% year-on-year.

Meanwhile, the company posted 247.7 million yuan in revenue, down 46.5% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 304 million yuan in total liabilities, with a liability-to-asset ratio of 27.8%.