Chengdu Galaxy Magnets Co.,Ltd.’s Net Profit Dropped 5.5% in First Three Quarters of 2022

Chengdu Galaxy Magnets Co.,Ltd. (成都银河磁体股份有限公司) (300127.SZ) reported a net profit of 143.3 million yuan in the first three quarters of 2022, down 5.5% year-on-year.

Meanwhile, the company posted 740.2 million yuan in revenue, up 18.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 77.3 million yuan in total liabilities, with a liability-to-asset ratio of 5.3%.