Xinjiang Torch Gas Co.,Ltd.’s Net Profit Rose 15.6% in First Three Quarters of 2022

Xinjiang Torch Gas Co.,Ltd. (新疆火炬燃气股份有限公司) (603080.SH) reported a net profit of 91.8 million yuan in the first three quarters of 2022, up 15.6% year-on-year.

Meanwhile, the company posted 616.3 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 518 million yuan in total liabilities, with a liability-to-asset ratio of 28.3%.