Zhongfu Straits(Pingtan) Development Company Limited’s Net Profit Dropped 76.4% in First Three Quarters of 2022

Zhongfu Straits(Pingtan) Development Company Limited (中福海峡(平潭)发展股份有限公司) (000592.SZ) reported a net profit of 10.7 million yuan in the first three quarters of 2022, down 76.4% year-on-year.

Meanwhile, the company posted 828.7 million yuan in revenue, down 28.2% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.