Baotailong New Materials Co.,Ltd.’s Net Profit Dropped 15.3% in First Three Quarters of 2022

Baotailong New Materials Co.,Ltd. (宝泰隆新材料股份有限公司) (601011.SH) reported a net profit of 91.1 million yuan in the first three quarters of 2022, down 15.3% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 35.9%.