Guangdong Baolihua New Energy Stock Co.,Ltd.’s Net Profit Dropped 76.8% in First Three Quarters of 2022

Guangdong Baolihua New Energy Stock Co.,Ltd. (广东宝丽华新能源股份有限公司) (000690.SZ) reported a net profit of 190.2 million yuan in the first three quarters of 2022, down 76.8% year-on-year.

Meanwhile, the company posted 7 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 19.7 billion yuan in total assets and 8.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.8%.