Guangzhou Zhiguang Electric Co.,Ltd.’s Net Profit Dropped 95.6% in First Three Quarters of 2022

Guangzhou Zhiguang Electric Co.,Ltd. (广州智光电气股份有限公司) (002169.SZ) reported a net profit of 27.9 million yuan in the first three quarters of 2022, down 95.6% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 13.4% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.1%.