Shenyang Machine Tool Co.,Ltd. Posted 2.2 Million Yuan Net Profit in First Three Quarters of 2022

Shenyang Machine Tool Co.,Ltd. (沈阳机床股份有限公司) (000410.SZ) reported a net profit of 2.2 million yuan in the first three quarters of 2022, reversing a net loss of 296.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 116.2%.