Zhonghang Electronic Measuring Instruments Co.,Ltd.’s Net Profit Dropped 37.9% in 2022

Zhonghang Electronic Measuring Instruments Co.,Ltd. (中航电测仪器股份有限公司) (300114.SZ) reported a net profit of 196.4 million yuan in 2022, down 37.9% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 36%.