Guangxi Nanning Water Co.,Ltd.’s Net Profit Rose 36.3% in First Three Quarters of 2022

Guangxi Nanning Water Co.,Ltd. (广西绿城水务股份有限公司) (601368.SH) reported a net profit of 165.1 million yuan in the first three quarters of 2022, up 36.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 31% year-on-year.

At the end of the reporting period, it had 18.6 billion yuan in total assets and 13.9 billion yuan in total liabilities, with a liability-to-asset ratio of 74.9%.