Zhejiang Chint Electrics Co.,Ltd.’s Net Profit Rose 21.3% in First Three Quarters of 2022

Zhejiang Chint Electrics Co.,Ltd. (浙江正泰电器股份有限公司) (601877.SH) reported a net profit of 3.7 billion yuan in the first three quarters of 2022, up 21.3% year-on-year.

Meanwhile, the company posted 35 billion yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 101.6 billion yuan in total assets and 64.7 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.