Sichuan Hongda Co.,Ltd.’s Net Profit Dropped 67.4% in First Three Quarters of 2022

Sichuan Hongda Co.,Ltd. (四川宏达股份有限公司) (600331.SH) reported a net profit of 95.8 million yuan in the first three quarters of 2022, down 67.4% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 4.5% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 80.9%.