Hytera Communications Corporation Limited Posted 330.9 Million Yuan Net Profit in First Three Quarters of 2022

Hytera Communications Corporation Limited (海能达通信股份有限公司) (002583.SZ) reported a net profit of 330.9 million yuan in the first three quarters of 2022, reversing a net loss of 110.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 47%.