May 03, 2023 08:00 AM

Weihai Huadong Automation Co.,Ltd.’s Net Profit Dropped 5.4% in 2022

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Weihai Huadong Automation Co.,Ltd. (威海华东数控股份有限公司) (002248.SZ) reported a net profit of 11.6 million yuan in 2022, down 5.4% year-on-year.

Meanwhile, the company posted 254.5 million yuan in revenue, down 19.2% year-on-year.

At the end of the reporting period, it had 560.7 million yuan in total assets and 484.4 million yuan in total liabilities, with a liability-to-asset ratio of 86.4%.

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