Guangdong Shirongzhaoye Co.,Ltd.’s Net Profit Dropped 68.3% in First Three Quarters of 2022

Guangdong Shirongzhaoye Co.,Ltd. (广东世荣兆业股份有限公司) (002016.SZ) reported a net profit of 121.8 million yuan in the first three quarters of 2022, down 68.3% year-on-year.

Meanwhile, the company posted 566.6 million yuan in revenue, down 50% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 27.8%.