Chengzhi Co.,Ltd.’s Net Profit Dropped 90.3% in First Three Quarters of 2022

Chengzhi Co.,Ltd. (诚志股份有限公司) (000990.SZ) reported a net profit of 111 million yuan in the first three quarters of 2022, down 90.3% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 25.3 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 26.9%.