Ningbo Shuanglin Auto Parts Co.,Ltd.’s Net Profit Dropped 39.3% in 2022

Ningbo Shuanglin Auto Parts Co.,Ltd. (宁波双林汽车部件股份有限公司) (300100.SZ) reported a net profit of 75.9 million yuan in 2022, down 39.3% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 13.7% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 62.8%.