Changchun Faway Automobile Components Co.,Ltd.’s Net Profit Dropped 15.3% in First Three Quarters of 2022

Changchun Faway Automobile Components Co.,Ltd. (长春一汽富维汽车零部件股份有限公司) (600742.SH) reported a net profit of 643.5 million yuan in the first three quarters of 2022, down 15.3% year-on-year.

Meanwhile, the company posted 14.7 billion yuan in revenue, up 2.9% year-on-year.

At the end of the reporting period, it had 20.5 billion yuan in total assets and 11.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.