Fangda Carbon New Material Co.,Ltd.’s Net Profit Dropped 45.6% in First Three Quarters of 2022

Fangda Carbon New Material Co.,Ltd. (方大炭素新材料科技股份有限公司) (600516.SH) reported a net profit of 487.4 million yuan in the first three quarters of 2022, down 45.6% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 20.2 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 19.3%.