Zoomlion Heavy Industry Science And Technology Co.,Ltd.’s Net Profit Dropped 62.7% in 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 2.4 billion yuan in 2022, down 62.7% year-on-year.

Meanwhile, the company posted 41.6 billion yuan in revenue, down 38% year-on-year.

At the end of the reporting period, it had 123.6 billion yuan in total assets and 66.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.