Jiangnan Yifan Motor Co.,Ltd.’s Net Profit Rose 20.9% in 2022

Jiangnan Yifan Motor Co.,Ltd. (无锡江南奕帆电力传动科技股份有限公司) (301023.SZ) reported a net profit of 79.2 million yuan in 2022, up 20.9% year-on-year.

Meanwhile, the company posted 183.2 million yuan in revenue, down 11.3% year-on-year.

At the end of the reporting period, it had 932.4 million yuan in total assets and 81.2 million yuan in total liabilities, with a liability-to-asset ratio of 8.7%.