Dehua Tb New Decoration Material Co.,Ltd.’s Net Profit Dropped 25.5% in First Three Quarters of 2022

Dehua Tb New Decoration Material Co.,Ltd. (德华兔宝宝装饰新材股份有限公司) (002043.SZ) reported a net profit of 402.5 million yuan in the first three quarters of 2022, down 25.5% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 54.4%.