Lanzhou Ls Heavy Equipment Co.,Ltd.’s Net Profit Rose 43.4% in First Three Quarters of 2022

Lanzhou Ls Heavy Equipment Co.,Ltd. (兰州兰石重型装备股份有限公司) (603169.SH) reported a net profit of 151.6 million yuan in the first three quarters of 2022, up 43.4% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 12.2 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 72.8%.