Citic Pacific Special Steel Group Co.,Ltd.’s Net Profit Dropped 6.3% in First Three Quarters of 2022

Citic Pacific Special Steel Group Co.,Ltd. (中信泰富特钢集团股份有限公司) (000708.SZ) reported a net profit of 5.6 billion yuan in the first three quarters of 2022, down 6.3% year-on-year.

Meanwhile, the company posted 75.5 billion yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 90.8 billion yuan in total assets and 55.6 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.