Hangzhou Hikvision Digital Technology Co.,Ltd.’s Net Profit Dropped 18.5% in First Three Quarters of 2022

Hangzhou Hikvision Digital Technology Co.,Ltd. (杭州海康威视数字技术股份有限公司) (002415.SZ) reported a net profit of 9.4 billion yuan in the first three quarters of 2022, down 18.5% year-on-year.

Meanwhile, the company posted 59.7 billion yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 110.3 billion yuan in total assets and 42.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.4%.