Long Yuan Construction Group Co.,Ltd.’s Net Profit Rose 64.3% in First Three Quarters of 2022

Long Yuan Construction Group Co.,Ltd. (龙元建设集团股份有限公司) (600491.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, up 64.3% year-on-year.

Meanwhile, the company posted 11.6 billion yuan in revenue, down 23.4% year-on-year.

At the end of the reporting period, it had 66.5 billion yuan in total assets and 52.4 billion yuan in total liabilities, with a liability-to-asset ratio of 78.8%.