Hangzhou Nbond Nonwovens Co.,Ltd.’s Net Profit Dropped 53.2% in 2022

Hangzhou Nbond Nonwovens Co.,Ltd. (杭州诺邦无纺股份有限公司) (603238.SH) reported a net profit of 51.8 million yuan in 2022, down 53.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 4.6% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 744.7 million yuan in total liabilities, with a liability-to-asset ratio of 32.9%.