Shenzhen Fountain Corporation’s Net Profit Dropped 96.1% in First Three Quarters of 2022

Shenzhen Fountain Corporation (深圳世纪星源股份有限公司) (000005.SZ) reported a net profit of 7.4 million yuan in the first three quarters of 2022, down 96.1% year-on-year.

Meanwhile, the company posted 174.3 million yuan in revenue, down 40.3% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 877.9 million yuan in total liabilities, with a liability-to-asset ratio of 37.2%.