Kingfa Sci.&Tech.Co.,Ltd.’s Net Profit Dropped 31.1% in First Three Quarters of 2022

Kingfa Sci.&Tech.Co.,Ltd. (金发科技股份有限公司) (600143.SH) reported a net profit of 1.2 billion yuan in the first three quarters of 2022, down 31.1% year-on-year.

Meanwhile, the company posted 29.3 billion yuan in revenue, down 0.9% year-on-year.

At the end of the reporting period, it had 54 billion yuan in total assets and 36.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.1%.