Shanghai Fudan Forward S&T Co.,Ltd.’s Net Profit Dropped 67.7% in First Three Quarters of 2022

Shanghai Fudan Forward S&T Co.,Ltd. (上海复旦复华科技股份有限公司) (600624.SH) reported a net profit of 6.7 million yuan in the first three quarters of 2022, down 67.7% year-on-year.

Meanwhile, the company posted 575.8 million yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 919.1 million yuan in total liabilities, with a liability-to-asset ratio of 48.1%.