Suzhou Hycan Holdings Co.,Ltd.’s Net Profit Dropped 24% in First Three Quarters of 2022

Suzhou Hycan Holdings Co.,Ltd. (苏州华源控股股份有限公司) (002787.SZ) reported a net profit of 45.9 million yuan in the first three quarters of 2022, down 24% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45%.