Guangdong Qunxing Toys Joint-Stock Co.,Ltd.’s Net Profit Dropped 56.5% in First Three Quarters of 2022

Guangdong Qunxing Toys Joint-Stock Co.,Ltd. (广东群兴玩具股份有限公司) (002575.SZ) reported a net profit of 6.8 million yuan in the first three quarters of 2022, down 56.5% year-on-year.

Meanwhile, the company posted 77.2 million yuan in revenue, up 85% year-on-year.

At the end of the reporting period, it had 825.6 million yuan in total assets and 34.3 million yuan in total liabilities, with a liability-to-asset ratio of 4.2%.