Guangdong Mingzhu Group Co.,Ltd.’s Net Profit Dropped 62.7% in First Three Quarters of 2022

Guangdong Mingzhu Group Co.,Ltd. (广东明珠集团股份有限公司) (600382.SH) reported a net profit of 310.3 million yuan in the first three quarters of 2022, down 62.7% year-on-year.

Meanwhile, the company posted 692.9 million yuan in revenue, down 51.8% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 589.1 million yuan in total liabilities, with a liability-to-asset ratio of 13.4%.