Shenzhen Fenda Technology Co.,Ltd. Posted 127.9 Million Yuan Net Profit in First Three Quarters of 2022

Shenzhen Fenda Technology Co.,Ltd. (深圳市奋达科技股份有限公司) (002681.SZ) reported a net profit of 127.9 million yuan in the first three quarters of 2022, reversing a net loss of 184.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 41%.