Shunfa Hengye Corporation’s Net Profit Rose 35% in First Three Quarters of 2022

Shunfa Hengye Corporation (顺发恒业股份公司) (000631.SZ) reported a net profit of 118.4 million yuan in the first three quarters of 2022, up 35% year-on-year.

Meanwhile, the company posted 208.5 million yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 33.6%.