Qingdao Tgood Electric Co.,Ltd.’s Net Profit Dropped 7.4% in First Three Quarters of 2022

Qingdao Tgood Electric Co.,Ltd. (青岛特锐德电气股份有限公司) (300001.SZ) reported a net profit of 34.6 million yuan in the first three quarters of 2022, down 7.4% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 22.4% year-on-year.

At the end of the reporting period, it had 20.7 billion yuan in total assets and 13.7 billion yuan in total liabilities, with a liability-to-asset ratio of 66.2%.