Guangzhou Ruoyuchen Technology Co.,Ltd.’s Net Profit Dropped 63.4% in First Three Quarters of 2022

Guangzhou Ruoyuchen Technology Co.,Ltd. (广州若羽臣科技股份有限公司) (003010.SZ) reported a net profit of 16.9 million yuan in the first three quarters of 2022, down 63.4% year-on-year.

Meanwhile, the company posted 816.5 million yuan in revenue, down 7.7% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 68.6 million yuan in total liabilities, with a liability-to-asset ratio of 6.1%.