Shanghai New Huang Pu Industrial Group Co.,Ltd.’s Net Profit Dropped 33.7% in First Three Quarters of 2022

Shanghai New Huang Pu Industrial Group Co.,Ltd. (上海新黄浦实业集团股份有限公司) (600638.SH) reported a net profit of 79.1 million yuan in the first three quarters of 2022, down 33.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 61.6% year-on-year.

At the end of the reporting period, it had 23.8 billion yuan in total assets and 19.2 billion yuan in total liabilities, with a liability-to-asset ratio of 80.7%.