Sichuan Changhong Electric Co.,Ltd.’s Net Profit Rose 35.3% in First Three Quarters of 2022

Sichuan Changhong Electric Co.,Ltd. (四川长虹电器股份有限公司) (600839.SH) reported a net profit of 647.8 million yuan in the first three quarters of 2022, up 35.3% year-on-year.

Meanwhile, the company posted 67.1 billion yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 85.6 billion yuan in total assets and 63.6 billion yuan in total liabilities, with a liability-to-asset ratio of 74.4%.