Jihua Group Corporation Limited’s Net Profit Rose 16223.2% in First Three Quarters of 2022

Jihua Group Corporation Limited (际华集团股份有限公司) (601718.SH) reported a net profit of 180.8 million yuan in the first three quarters of 2022, up 16223.2% year-on-year.

Meanwhile, the company posted 12.4 billion yuan in revenue, up 14.7% year-on-year.

At the end of the reporting period, it had 28 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.