Jiangsu Yueda Investment Co.,Ltd. Posted 167.3 Million Yuan Net Profit in First Three Quarters of 2022

Jiangsu Yueda Investment Co.,Ltd. (江苏悦达投资股份有限公司) (600805.SH) reported a net profit of 167.3 million yuan in the first three quarters of 2022, reversing a net loss of 527.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 41.4%.