Guangdong Guanghong Holdings Co.,Ltd.’s Net Profit Rose 180% in First Three Quarters of 2022

Guangdong Guanghong Holdings Co.,Ltd. (广东广弘控股股份有限公司) (000529.SZ) reported a net profit of 762.4 million yuan in the first three quarters of 2022, up 180% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 15.2% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.