Nanfang Ventilator Co.,Ltd. Posted 22.6 Million Yuan Net Profit in 2022

Nanfang Ventilator Co.,Ltd. (南方风机股份有限公司) (300004.SZ) reported a net profit of 22.6 million yuan in 2022, reversing a net loss of 687.9 million yuan for the previous year.

Meanwhile, the company posted 308.7 million yuan in revenue, down 63.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 210 million yuan in total liabilities, with a liability-to-asset ratio of 11%.