Chengdu Tangyuan Electric Co.,Ltd.’s Net Profit Dropped 30.3% in First Three Quarters of 2022

Chengdu Tangyuan Electric Co.,Ltd. (成都唐源电气股份有限公司) (300789.SZ) reported a net profit of 26.5 million yuan in the first three quarters of 2022, down 30.3% year-on-year.

Meanwhile, the company posted 222.2 million yuan in revenue, up 1.8% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 323.9 million yuan in total liabilities, with a liability-to-asset ratio of 28%.