Power Hf Co.,Ltd.’s Net Profit Dropped 82.5% in First Three Quarters of 2022

Power Hf Co.,Ltd. (华丰动力股份有限公司) (605100.SH) reported a net profit of 22.7 million yuan in the first three quarters of 2022, down 82.5% year-on-year.

Meanwhile, the company posted 539.1 million yuan in revenue, down 51.9% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 381.9 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.