Zhejiang Longsheng Group Co.,Ltd.’s Net Profit Dropped 39.4% in First Three Quarters of 2022

Zhejiang Longsheng Group Co.,Ltd. (浙江龙盛集团股份有限公司) (600352.SH) reported a net profit of 2 billion yuan in the first three quarters of 2022, down 39.4% year-on-year.

Meanwhile, the company posted 13.4 billion yuan in revenue, up 6.8% year-on-year.

At the end of the reporting period, it had 69.9 billion yuan in total assets and 36.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52.1%.