Sanfeng Intelligent Equipment Group Co.,Ltd.’s Net Profit Dropped 68% in First Three Quarters of 2022

Sanfeng Intelligent Equipment Group Co.,Ltd. (三丰智能装备集团股份有限公司) (300276.SZ) reported a net profit of 34.1 million yuan in the first three quarters of 2022, down 68% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.