Shandong Gold Phoenix Co.,Ltd. Posted 125.8 Million Yuan Net Profit in First Three Quarters of 2022

Shandong Gold Phoenix Co.,Ltd. (山东金麒麟股份有限公司) (603586.SH) reported a net profit of 125.8 million yuan in the first three quarters of 2022, reversing a net loss of 40.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 39.7% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 694.8 million yuan in total liabilities, with a liability-to-asset ratio of 24.5%.