Lafang China Co.,Ltd.’s Net Profit Rose 8% in First Three Quarters of 2022

Lafang China Co.,Ltd. (拉芳家化股份有限公司) (603630.SH) reported a net profit of 60.8 million yuan in the first three quarters of 2022, up 8% year-on-year.

Meanwhile, the company posted 625.4 million yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 263.9 million yuan in total liabilities, with a liability-to-asset ratio of 11.9%.