Shenzhen Sunline Tech Co.,Ltd.’s Net Profit Dropped 62% in First Three Quarters of 2022

Shenzhen Sunline Tech Co.,Ltd. (深圳市长亮科技股份有限公司) (300348.SZ) reported a net profit of 7.5 million yuan in the first three quarters of 2022, down 62% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 35.7% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.3%.