Meter Instruments Co.,Ltd.’s Net Profit Dropped 22.1% in 2022

Meter Instruments Co.,Ltd. (迈拓仪表股份有限公司) (301006.SZ) reported a net profit of 109.2 million yuan in 2022, down 22.1% year-on-year.

Meanwhile, the company posted 358.5 million yuan in revenue, down 12.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 158.6 million yuan in total liabilities, with a liability-to-asset ratio of 12%.