Ningbo Fubang Jingye Group Co.,Ltd. Posted 367,633 Yuan Net Profit in First Three Quarters of 2022

Ningbo Fubang Jingye Group Co.,Ltd. (宁波富邦精业集团股份有限公司) (600768.SH) reported a net profit of 367,633 yuan in the first three quarters of 2022, reversing a net loss of 312,553 yuan for the same period in the previous year.

Meanwhile, the company posted 214.4 million yuan in revenue, down 34.2% year-on-year.

At the end of the reporting period, it had 325.5 million yuan in total assets and 104.1 million yuan in total liabilities, with a liability-to-asset ratio of 32%.