Hongda High-Tech Holding Co.,Ltd.’s Net Profit Dropped 24% in First Three Quarters of 2022

Hongda High-Tech Holding Co.,Ltd. (宏达高科控股股份有限公司) (002144.SZ) reported a net profit of 74.7 million yuan in the first three quarters of 2022, down 24% year-on-year.

Meanwhile, the company posted 438.8 million yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 224.7 million yuan in total liabilities, with a liability-to-asset ratio of 10.6%.