Wanxiang Qianchao Co.,Ltd.’s Net Profit Rose 18.5% in First Three Quarters of 2022

Wanxiang Qianchao Co.,Ltd. (万向钱潮股份公司) (000559.SZ) reported a net profit of 624.5 million yuan in the first three quarters of 2022, up 18.5% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, up 5.7% year-on-year.

At the end of the reporting period, it had 18.2 billion yuan in total assets and 9.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.