Zhejiang Double Arrow Rubber Co.,Ltd.’s Net Profit Dropped 39.6% in First Three Quarters of 2022

Zhejiang Double Arrow Rubber Co.,Ltd. (浙江双箭橡胶股份有限公司) (002381.SZ) reported a net profit of 84.4 million yuan in the first three quarters of 2022, down 39.6% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 27.2% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 43.1%.