Zhuzhou Tianqiao Crane Co.,Ltd.’s Net Profit Dropped 17.8% in First Three Quarters of 2022

Zhuzhou Tianqiao Crane Co.,Ltd. (株洲天桥起重机股份有限公司) (002523.SZ) reported a net profit of 33.8 million yuan in the first three quarters of 2022, down 17.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.