Tangshan Jidong Cement Co.,Ltd.’s Net Profit Dropped 42.9% in First Three Quarters of 2022

Tangshan Jidong Cement Co.,Ltd. (唐山冀东水泥股份有限公司) (000401.SZ) reported a net profit of 1.7 billion yuan in the first three quarters of 2022, down 42.9% year-on-year.

Meanwhile, the company posted 27.4 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 62 billion yuan in total assets and 29.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.