Nanjing Develop Advanced Manufacturing Co.,Ltd.’s Net Profit Rose 301.8% in 2022

Nanjing Develop Advanced Manufacturing Co.,Ltd. (南京迪威尔高端制造股份有限公司) (688377.SH) reported a net profit of 121.5 million yuan in 2022, up 301.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 86.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 679.1 million yuan in total liabilities, with a liability-to-asset ratio of 29.5%.