Zhejiang Tieliu Clutch Co.,Ltd.’s Net Profit Dropped 52.8% in 2022

Zhejiang Tieliu Clutch Co.,Ltd. (浙江铁流离合器股份有限公司) (603926.SH) reported a net profit of 82 million yuan in 2022, down 52.8% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 11.6% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.7%.