Shantui Construction Machinery Co.,Ltd.’s Net Profit Rose 231% in First Three Quarters of 2022

Shantui Construction Machinery Co.,Ltd. (山推工程机械股份有限公司) (000680.SZ) reported a net profit of 490.4 million yuan in the first three quarters of 2022, up 231% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 51.9%.