Y.U.D.Yangtze River Investment Industry Co.,Ltd.’s Net Profit Dropped 66.1% in First Three Quarters of 2022

Y.U.D.Yangtze River Investment Industry Co.,Ltd. (长发集团长江投资实业股份有限公司) (600119.SH) reported a net profit of 3.2 million yuan in the first three quarters of 2022, down 66.1% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 35.3% year-on-year.

At the end of the reporting period, it had 790 million yuan in total assets and 416.1 million yuan in total liabilities, with a liability-to-asset ratio of 52.7%.