Zhejiang Dingli Machinery Co.,Ltd.’s Net Profit Rose 42.1% in 2022

Zhejiang Dingli Machinery Co.,Ltd. (浙江鼎力机械股份有限公司) (603338.SH) reported a net profit of 1.3 billion yuan in 2022, up 42.1% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.