Jianglong Shipbuilding Co.,Ltd.’s Net Profit Dropped 45.6% in First Three Quarters of 2022

Jianglong Shipbuilding Co.,Ltd. (江龙船艇科技股份有限公司) (300589.SZ) reported a net profit of 8.7 million yuan in the first three quarters of 2022, down 45.6% year-on-year.

Meanwhile, the company posted 394.2 million yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 520.1 million yuan in total liabilities, with a liability-to-asset ratio of 40%.