Nanjing Develop Advanced Manufacturing Co.,Ltd.’s Net Profit Rose 279.5% in First Three Quarters of 2022

Nanjing Develop Advanced Manufacturing Co.,Ltd. (南京迪威尔高端制造股份有限公司) (688377.SH) reported a net profit of 98.5 million yuan in the first three quarters of 2022, up 279.5% year-on-year.

Meanwhile, the company posted 698.3 million yuan in revenue, up 80.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 683.5 million yuan in total liabilities, with a liability-to-asset ratio of 30%.