Xiamen Xinde Co.,Ltd.’s Net Profit Dropped 21.9% in First Three Quarters of 2022

Xiamen Xinde Co.,Ltd. (厦门信达股份有限公司) (000701.SZ) reported a net profit of 96 million yuan in the first three quarters of 2022, down 21.9% year-on-year.

Meanwhile, the company posted 74.9 billion yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 21.5 billion yuan in total assets and 17.9 billion yuan in total liabilities, with a liability-to-asset ratio of 83.3%.