Iat Automobile Technology Co.,Ltd.’s Net Profit Dropped 66.8% in 2022

Iat Automobile Technology Co.,Ltd. (阿尔特汽车技术股份有限公司) (300825.SZ) reported a net profit of 65.6 million yuan in 2022, down 66.8% year-on-year.

Meanwhile, the company posted 947.1 million yuan in revenue, down 25.6% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 818.7 million yuan in total liabilities, with a liability-to-asset ratio of 24.5%.