Fujian Longking Co.,Ltd.’s Net Profit Dropped 9% in First Three Quarters of 2022

Fujian Longking Co.,Ltd. (福建龙净环保股份有限公司) (600388.SH) reported a net profit of 637.5 million yuan in the first three quarters of 2022, down 9% year-on-year.

Meanwhile, the company posted 7.5 billion yuan in revenue, down 9.2% year-on-year.

At the end of the reporting period, it had 27 billion yuan in total assets and 19.6 billion yuan in total liabilities, with a liability-to-asset ratio of 72.7%.