Tianshui Zhongxing Bio-Technology Co.,Ltd. Posted 118.6 Million Yuan Net Profit in First Three Quarters of 2022

Tianshui Zhongxing Bio-Technology Co.,Ltd. (天水众兴菌业科技股份有限公司) (002772.SZ) reported a net profit of 118.6 million yuan in the first three quarters of 2022, reversing a net loss of 49.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 36.4% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 50.6%.