Konka Group Co.,Ltd. Posted 13.3 Million Yuan Net Profit in First Three Quarters of 2022

Konka Group Co.,Ltd. (康佳集团股份有限公司) (000016.SZ) reported a net profit of 13.3 million yuan in the first three quarters of 2022, reversing a net loss of 128.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 24.6 billion yuan in revenue, down 22.2% year-on-year.

At the end of the reporting period, it had 39.2 billion yuan in total assets and 28.9 billion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.