Hongrun Construction Group Co.,Ltd.’s Net Profit Dropped 18.3% in First Three Quarters of 2022

Hongrun Construction Group Co.,Ltd. (宏润建设集团股份有限公司) (002062.SZ) reported a net profit of 226 million yuan in the first three quarters of 2022, down 18.3% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 24.6% year-on-year.

At the end of the reporting period, it had 17.3 billion yuan in total assets and 13.2 billion yuan in total liabilities, with a liability-to-asset ratio of 76.3%.