Qingdao East Steel Tower Stock Co.,Ltd.’s Net Profit Rose 102.7% in First Three Quarters of 2022

Qingdao East Steel Tower Stock Co.,Ltd. (青岛东方铁塔股份有限公司) (002545.SZ) reported a net profit of 712.1 million yuan in the first three quarters of 2022, up 102.7% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 36% year-on-year.

At the end of the reporting period, it had 13.1 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 36.1%.