Yutong Bus Co.,Ltd.’s Net Profit Dropped 49.7% in First Three Quarters of 2022

Yutong Bus Co.,Ltd. (宇通客车股份有限公司) (600066.SH) reported a net profit of 133.8 million yuan in the first three quarters of 2022, down 49.7% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, down 16.3% year-on-year.

At the end of the reporting period, it had 28 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 50%.