Cangzhou Mingzhu Plastic Co.,Ltd.’s Net Profit Dropped 22.3% in First Three Quarters of 2022

Cangzhou Mingzhu Plastic Co.,Ltd. (沧州明珠塑料股份有限公司) (002108.SZ) reported a net profit of 269.6 million yuan in the first three quarters of 2022, down 22.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 25.3%.