Shen Ma Industry Co.,Ltd.’s Net Profit Dropped 67.6% in First Three Quarters of 2022

Shen Ma Industry Co.,Ltd. (神马实业股份有限公司) (600810.SH) reported a net profit of 535.8 million yuan in the first three quarters of 2022, down 67.6% year-on-year.

Meanwhile, the company posted 10.7 billion yuan in revenue, up 7.5% year-on-year.

At the end of the reporting period, it had 27.7 billion yuan in total assets and 18.3 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.