Loncin Motor Co.,Ltd.’s Net Profit Rose 32.6% in 2022

Loncin Motor Co.,Ltd. (隆鑫通用动力股份有限公司) (603766.SH) reported a net profit of 487.4 million yuan in 2022, up 32.6% year-on-year.

Meanwhile, the company posted 12.4 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 35.4%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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