Shenyang Machine Tool Co.,Ltd. Posted 10.8 Million Yuan Net Profit in 2022

Shenyang Machine Tool Co.,Ltd. (沈阳机床股份有限公司) (000410.SZ) reported a net profit of 10.8 million yuan in 2022, reversing a net loss of 940.7 million yuan for the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 73%.