Ningbo Techmation Co.,Ltd.’s Net Profit Dropped 42% in 2022

Ningbo Techmation Co.,Ltd. (宁波弘讯科技股份有限公司) (603015.SH) reported a net profit of 49.1 million yuan in 2022, down 42% year-on-year.

Meanwhile, the company posted 733 million yuan in revenue, down 21.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 776.2 million yuan in total liabilities, with a liability-to-asset ratio of 36.9%.