Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Posted 35.3 Million Yuan Net Profit in First Three Quarters of 2022

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (广州达意隆包装机械股份有限公司) (002209.SZ) reported a net profit of 35.3 million yuan in the first three quarters of 2022, reversing a net loss of 8.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 843.2 million yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65.4%.