Shengyi Technology Co.,Ltd.’s Net Profit Dropped 47.3% in First Three Quarters of 2022

Shengyi Technology Co.,Ltd. (广东生益科技股份有限公司) (600183.SH) reported a net profit of 1.3 billion yuan in the first three quarters of 2022, down 47.3% year-on-year.

Meanwhile, the company posted 13.7 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 24.6 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.