Zhejiang Narada Power Source Co.,Ltd. Posted 274.8 Million Yuan Net Profit in 2022

Zhejiang Narada Power Source Co.,Ltd. (浙江南都电源动力股份有限公司) (300068.SZ) reported a net profit of 274.8 million yuan in 2022, reversing a net loss of 1.6 billion yuan for the previous year.

Meanwhile, the company posted 11.7 billion yuan in revenue, down 0.8% year-on-year.

At the end of the reporting period, it had 16 billion yuan in total assets and 11 billion yuan in total liabilities, with a liability-to-asset ratio of 68.5%.