Shenzhen Mingdiao Decoration Co.,Ltd.’s Net Profit Dropped 5.8% in First Three Quarters of 2022

Shenzhen Mingdiao Decoration Co.,Ltd. (深圳市名雕装饰股份有限公司) (002830.SZ) reported a net profit of 16.8 million yuan in the first three quarters of 2022, down 5.8% year-on-year.

Meanwhile, the company posted 543.8 million yuan in revenue, down 10.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 927.6 million yuan in total liabilities, with a liability-to-asset ratio of 58%.