Huayu Automotive Systems Company Limited’s Net Profit Dropped 9.2% in First Three Quarters of 2022

Huayu Automotive Systems Company Limited (华域汽车系统股份有限公司) (600741.SH) reported a net profit of 5.4 billion yuan in the first three quarters of 2022, down 9.2% year-on-year.

Meanwhile, the company posted 113.3 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 162.8 billion yuan in total assets and 108.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.