Befar Group Co.,Ltd.’s Net Profit Dropped 26.8% in First Three Quarters of 2022

Befar Group Co.,Ltd. (滨化集团股份有限公司) (601678.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, down 26.8% year-on-year.

Meanwhile, the company posted 6.8 billion yuan in revenue, up 3.7% year-on-year.

At the end of the reporting period, it had 18.6 billion yuan in total assets and 7.3 billion yuan in total liabilities, with a liability-to-asset ratio of 39.3%.