Wedge Industrial Co.,Ltd.’s Net Profit Rose 24.8% in First Three Quarters of 2022

Wedge Industrial Co.,Ltd. (万泽实业股份有限公司) (000534.SZ) reported a net profit of 98.6 million yuan in the first three quarters of 2022, up 24.8% year-on-year.

Meanwhile, the company posted 581.3 million yuan in revenue, up 23.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 47%.