Oke Precision Cutting Tools Co.,Ltd.’s Net Profit Rose 8.9% in 2022

Oke Precision Cutting Tools Co.,Ltd. (株洲欧科亿数控精密刀具股份有限公司) (688308.SH) reported a net profit of 242.1 million yuan in 2022, up 8.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 6.6% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 705 million yuan in total liabilities, with a liability-to-asset ratio of 22.2%.