Jiangsu Lopal Tech Co.,Ltd.’s Net Profit Rose 337.9% in First Three Quarters of 2022

Jiangsu Lopal Tech Co.,Ltd. (江苏龙蟠科技股份有限公司) (603906.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, up 337.9% year-on-year.

Meanwhile, the company posted 9.9 billion yuan in revenue, up 329.3% year-on-year.

At the end of the reporting period, it had 12.4 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.