Oct 30, 2022 08:00 AM

Huafang Co.,Ltd.’s Net Profit Dropped 69.2% in First Three Quarters of 2022

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Huafang Co.,Ltd. (华纺股份有限公司) (600448.SH) reported a net profit of 3.4 million yuan in the first three quarters of 2022, down 69.2% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 67.4%.

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