Guangxi Wuzhou Communications Co.,Ltd.’s Net Profit Dropped 22.1% in First Three Quarters of 2022

Guangxi Wuzhou Communications Co.,Ltd. (广西五洲交通股份有限公司) (600368.SH) reported a net profit of 457.1 million yuan in the first three quarters of 2022, down 22.1% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 20.7% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 43.4%.