Three Squirrels Inc.’s Net Profit Dropped 76.7% in First Half of 2022

Three Squirrels Inc. (三只松鼠股份有限公司) (300783.SZ) reported a net profit of 82.1 million yuan in the first half of 2022, down 76.7% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 21.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 37%.