Qianjiang Water Resources Development Co.,Ltd.’s Net Profit Dropped 2.4% in First Three Quarters of 2022

Qianjiang Water Resources Development Co.,Ltd. (钱江水利开发股份有限公司) (600283.SH) reported a net profit of 185.3 million yuan in the first three quarters of 2022, down 2.4% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 15.6% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 60.7%.