Jiangsu Aoyang Health Industry Co.,Ltd. Posted 24.9 Million Yuan Net Profit in First Three Quarters of 2022

Jiangsu Aoyang Health Industry Co.,Ltd. (江苏澳洋健康产业股份有限公司) (002172.SZ) reported a net profit of 24.9 million yuan in the first three quarters of 2022, reversing a net loss of 935.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 30.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 97.4%.