Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd.’s Net Profit Dropped 64.2% in First Three Quarters of 2022

Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd. (广东风华高新科技股份有限公司) (000636.SZ) reported a net profit of 316.9 million yuan in the first three quarters of 2022, down 64.2% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 16 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 24.4%.