Wuxi Longsheng Technology Co.,Ltd.’s Net Profit Dropped 8.9% in First Three Quarters of 2022

Wuxi Longsheng Technology Co.,Ltd. (无锡隆盛科技股份有限公司) (300680.SZ) reported a net profit of 66.5 million yuan in the first three quarters of 2022, down 8.9% year-on-year.

Meanwhile, the company posted 807.1 million yuan in revenue, up 30.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.