Guangxi Wuzhou Zhongheng Group Co.,Ltd.’s Net Profit Dropped 82.4% in First Three Quarters of 2022

Guangxi Wuzhou Zhongheng Group Co.,Ltd. (广西梧州中恒集团股份有限公司) (600252.SH) reported a net profit of 92.3 million yuan in the first three quarters of 2022, down 82.4% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 29.2% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.