Earth-Panda Advanced Magnetic Material Co.,Ltd.’s Net Profit Rose 35.8% in First Three Quarters of 2022

Earth-Panda Advanced Magnetic Material Co.,Ltd. (安徽大地熊新材料股份有限公司) (688077.SH) reported a net profit of 142.8 million yuan in the first three quarters of 2022, up 35.8% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 35.6% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.