Zoomlion Heavy Industry Science And Technology Co.,Ltd.’s Net Profit Dropped 61.9% in First Three Quarters of 2022

Zoomlion Heavy Industry Science And Technology Co.,Ltd. (中联重科股份有限公司) (000157.SZ) reported a net profit of 2.2 billion yuan in the first three quarters of 2022, down 61.9% year-on-year.

Meanwhile, the company posted 30.6 billion yuan in revenue, down 43.7% year-on-year.

At the end of the reporting period, it had 127.3 billion yuan in total assets and 71.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.4%.