Guangdong Jingyi Metal Co.,Ltd.’s Net Profit Dropped 34% in First Three Quarters of 2022

Guangdong Jingyi Metal Co.,Ltd. (广东精艺金属股份有限公司) (002295.SZ) reported a net profit of 37.7 million yuan in the first three quarters of 2022, down 34% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 25.9% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.