Qtone Education Group(Guangdong) Co.,Ltd.’s Net Profit Rose 314.1% in First Three Quarters of 2022

Qtone Education Group(Guangdong) Co.,Ltd. (全通教育集团(广东)股份有限公司) (300359.SZ) reported a net profit of 77.6 million yuan in the first three quarters of 2022, up 314.1% year-on-year.

Meanwhile, the company posted 413.4 million yuan in revenue, down 6.5% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 336.8 million yuan in total liabilities, with a liability-to-asset ratio of 28%.