Shanghai Join Buy Co.,Ltd.’s Net Profit Dropped 48.6% in First Half of 2022

Shanghai Join Buy Co.,Ltd. (上海九百股份有限公司) (600838.SH) reported a net profit of 21.6 million yuan in the first half of 2022, down 48.6% year-on-year.

Meanwhile, the company posted 30 million yuan in revenue, down 44.2% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 171.6 million yuan in total liabilities, with a liability-to-asset ratio of 10.7%.