Ningbo United Group Co.,Ltd.’s Net Profit Rose 86.7% in First Three Quarters of 2022

Ningbo United Group Co.,Ltd. (宁波联合集团股份有限公司) (600051.SH) reported a net profit of 176.3 million yuan in the first three quarters of 2022, up 86.7% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.