Oke Precision Cutting Tools Co.,Ltd.’s Net Profit Rose 10.8% in First Three Quarters of 2022

Oke Precision Cutting Tools Co.,Ltd. (株洲欧科亿数控精密刀具股份有限公司) (688308.SH) reported a net profit of 188.5 million yuan in the first three quarters of 2022, up 10.8% year-on-year.

Meanwhile, the company posted 799.6 million yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 753.7 million yuan in total liabilities, with a liability-to-asset ratio of 31.7%.