Huachangda Intelligent Equipment Group Co.,Ltd. Posted 88.4 Million Yuan Net Profit in First Three Quarters of 2022

Huachangda Intelligent Equipment Group Co.,Ltd. (华昌达智能装备集团股份有限公司) (300278.SZ) reported a net profit of 88.4 million yuan in the first three quarters of 2022, reversing a net loss of 200.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 114.4% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.