Tangshan Jidong Equipment Engineering Co.,Ltd.’s Net Profit Dropped 11.8% in First Three Quarters of 2022

Tangshan Jidong Equipment Engineering Co.,Ltd. (唐山冀东装备工程股份有限公司) (000856.SZ) reported a net profit of 16.1 million yuan in the first three quarters of 2022, down 11.8% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 82.8%.