Zhangjiagang Guangda Special Material Co.,Ltd.’s Net Profit Dropped 52.1% in First Three Quarters of 2022

Zhangjiagang Guangda Special Material Co.,Ltd. (张家港广大特材股份有限公司) (688186.SH) reported a net profit of 87.7 million yuan in the first three quarters of 2022, down 52.1% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 21.9% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.2%.