Zhejiang Dibay Electric Co.,Ltd.’s Net Profit Dropped 56.4% in 2022

Zhejiang Dibay Electric Co.,Ltd. (浙江迪贝电气股份有限公司) (603320.SH) reported a net profit of 34.3 million yuan in 2022, down 56.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 12.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 464.7 million yuan in total liabilities, with a liability-to-asset ratio of 36.9%.