Fujian Dongbai(Group) Co.,Ltd.’s Net Profit Rose 15% in First Three Quarters of 2022

Fujian Dongbai(Group) Co.,Ltd. (福建东百集团股份有限公司) (600693.SH) reported a net profit of 144.3 million yuan in the first three quarters of 2022, up 15% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 10.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.3%.