Dayu Irrigation Group Co.,Ltd.’s Net Profit Dropped 30.1% in First Three Quarters of 2022

Dayu Irrigation Group Co.,Ltd. (大禹节水集团股份有限公司) (300021.SZ) reported a net profit of 48.3 million yuan in the first three quarters of 2022, down 30.1% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 21.1% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.4%.