Dongguan Golden Sun Abrasives Co.,Ltd.’s Net Profit Dropped 21.5% in First Three Quarters of 2022

Dongguan Golden Sun Abrasives Co.,Ltd. (东莞金太阳研磨股份有限公司) (300606.SZ) reported a net profit of 22.9 million yuan in the first three quarters of 2022, down 21.5% year-on-year.

Meanwhile, the company posted 287.9 million yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 850 million yuan in total assets and 250.8 million yuan in total liabilities, with a liability-to-asset ratio of 29.5%.