Ningbo Lehui International Engineering Equipment Co.,Ltd.’s Net Profit Dropped 26% in First Three Quarters of 2022

Ningbo Lehui International Engineering Equipment Co.,Ltd. (宁波乐惠国际工程装备股份有限公司) (603076.SH) reported a net profit of 49.5 million yuan in the first three quarters of 2022, down 26% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 70.3% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.