Guangzhou Wahlap Technology Corporation Limited’s Net Profit Dropped 57.4% in First Three Quarters of 2022

Guangzhou Wahlap Technology Corporation Limited (广州华立科技股份有限公司) (301011.SZ) reported a net profit of 19.4 million yuan in the first three quarters of 2022, down 57.4% year-on-year.

Meanwhile, the company posted 464.7 million yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 463.3 million yuan in total liabilities, with a liability-to-asset ratio of 38.8%.