Shanghai Join Buy Co.,Ltd.’s Net Profit Dropped 26.8% in First Quarter of 2022

Shanghai Join Buy Co.,Ltd. (上海九百股份有限公司) (600838.SH) reported a net profit of 13 million yuan in the first quarter of 2022, down 26.8% year-on-year.
Meanwhile, the company posted 19.2 million yuan in revenue, down 33.1% year-on-year.
At the end of the reporting period, it had 1.6 billion yuan in total assets and 143.4 million yuan in total liabilities, with a liability-to-asset ratio of 9%.
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