Wuhan Huazhong Numerical Control Co.,Ltd.’s Net Profit Dropped 86.1% in 2022

Wuhan Huazhong Numerical Control Co.,Ltd. (武汉华中数控股份有限公司) (300161.SZ) reported a net profit of 5.8 million yuan in 2022, down 86.1% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 1.8% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.