Guangdong Chaohua Technology Co.,Ltd.’s Net Profit Dropped 68.1% in First Three Quarters of 2022

Guangdong Chaohua Technology Co.,Ltd. (广东超华科技股份有限公司) (002288.SZ) reported a net profit of 32.3 million yuan in the first three quarters of 2022, down 68.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 19.7% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.