Lingyun Industrial Corporation Limited’s Net Profit Dropped 5.4% in First Three Quarters of 2022

Lingyun Industrial Corporation Limited (凌云工业股份有限公司) (600480.SH) reported a net profit of 418.9 million yuan in the first three quarters of 2022, down 5.4% year-on-year.

Meanwhile, the company posted 12 billion yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.