Yantai Eddie Precision Machinery Co.,Ltd.’s Net Profit Dropped 46.9% in 2022

Yantai Eddie Precision Machinery Co.,Ltd. (烟台艾迪精密机械股份有限公司) (603638.SH) reported a net profit of 249.3 million yuan in 2022, down 46.9% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 24.6% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 43.6%.