Flat Glass Group Co.,Ltd.’s Net Profit Dropped 12.4% in First Three Quarters of 2022

Flat Glass Group Co.,Ltd. (福莱特玻璃集团股份有限公司) (601865.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2022, down 12.4% year-on-year.

Meanwhile, the company posted 11.2 billion yuan in revenue, up 77% year-on-year.

At the end of the reporting period, it had 29.9 billion yuan in total assets and 16.2 billion yuan in total liabilities, with a liability-to-asset ratio of 54%.