Gui Lin Fuda Co.,Ltd.’s Net Profit Dropped 69.3% in First Three Quarters of 2022

Gui Lin Fuda Co.,Ltd. (桂林福达股份有限公司) (603166.SH) reported a net profit of 48.7 million yuan in the first three quarters of 2022, down 69.3% year-on-year.

Meanwhile, the company posted 819 million yuan in revenue, down 41.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 29.6%.