Qingdao Hanhe Cable Co.,Ltd.’s Net Profit Dropped 5.1% in First Three Quarters of 2022

Qingdao Hanhe Cable Co.,Ltd. (青岛汉缆股份有限公司) (002498.SZ) reported a net profit of 659.8 million yuan in the first three quarters of 2022, down 5.1% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, up 16.3% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 29.8%.