Shandong Ruyi Woolen Garment Group Co.,Ltd. Posted 7.9 Million Yuan Net Profit in First Three Quarters of 2022

Shandong Ruyi Woolen Garment Group Co.,Ltd. (山东如意毛纺服装集团股份有限公司) (002193.SZ) reported a net profit of 7.9 million yuan in the first three quarters of 2022, reversing a net loss of 44.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 567 million yuan in revenue, up 32.3% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.2%.