Nanjing Red Sun Co.,Ltd.’s Net Profit Rose 2430.2% in First Three Quarters of 2022

Nanjing Red Sun Co.,Ltd. (南京红太阳股份有限公司) (000525.SZ) reported a net profit of 936.9 million yuan in the first three quarters of 2022, up 2430.2% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, up 77.1% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 8.6 billion yuan in total liabilities, with a liability-to-asset ratio of 84.4%.