Zhejiang Yinlun Machinery Co.,Ltd.’s Net Profit Rose 69.7% in 2022

Zhejiang Yinlun Machinery Co.,Ltd. (浙江银轮机械股份有限公司) (002126.SZ) reported a net profit of 448.9 million yuan in 2022, up 69.7% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 13.5 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.