Yuan Cheng Cable Co.,Ltd.’s Net Profit Rose 153.8% in First Three Quarters of 2022

Yuan Cheng Cable Co.,Ltd. (远程电缆股份有限公司) (002692.SZ) reported a net profit of 35.9 million yuan in the first three quarters of 2022, up 153.8% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.