Shenzhen Zhenye(Group) Co.,Ltd.’s Net Profit Dropped 63.3% in First Three Quarters of 2022

Shenzhen Zhenye(Group) Co.,Ltd. (深圳市振业(集团)股份有限公司) (000006.SZ) reported a net profit of 215.7 million yuan in the first three quarters of 2022, down 63.3% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 35.3% year-on-year.

At the end of the reporting period, it had 26.3 billion yuan in total assets and 18.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.7%.