Guangdong Xinbao Electrical Appliances Holdings Co.,Ltd.’s Net Profit Rose 43.6% in First Three Quarters of 2022

Guangdong Xinbao Electrical Appliances Holdings Co.,Ltd. (广东新宝电器股份有限公司) (002705.SZ) reported a net profit of 884.1 million yuan in the first three quarters of 2022, up 43.6% year-on-year.

Meanwhile, the company posted 10.7 billion yuan in revenue, up 0.1% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 44.7%.