Nanjing Aolian Ae&Ea Co.,Ltd.’s Net Profit Dropped 36% in 2022

Nanjing Aolian Ae&Ea Co.,Ltd. (南京奥联汽车电子电器股份有限公司) (300585.SZ) reported a net profit of 21.2 million yuan in 2022, down 36% year-on-year.

Meanwhile, the company posted 402.5 million yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 920.1 million yuan in total assets and 189 million yuan in total liabilities, with a liability-to-asset ratio of 20.5%.