Hubei Shuanghuan Science And Technologystock Co.,Ltd.’s Net Profit Rose 491.3% in First Three Quarters of 2022

Hubei Shuanghuan Science And Technologystock Co.,Ltd. (湖北双环科技股份有限公司) (000707.SZ) reported a net profit of 751 million yuan in the first three quarters of 2022, up 491.3% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 71.1% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.