Guangzhou Hengyun Enterprises Holding Co.,Ltd.’s Net Profit Dropped 79.6% in First Three Quarters of 2022

Guangzhou Hengyun Enterprises Holding Co.,Ltd. (广州恒运企业集团股份有限公司) (000531.SZ) reported a net profit of 49.9 million yuan in the first three quarters of 2022, down 79.6% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 63.4%.