Shanghai Sanmao Enterprise(Group) Co.,Ltd.’s Net Profit Dropped 96.1% in First Half of 2022

Shanghai Sanmao Enterprise(Group) Co.,Ltd. (上海三毛企业(集团)股份有限公司) (600689.SH) reported a net profit of 263,827 yuan in the first half of 2022, down 96.1% year-on-year.

Meanwhile, the company posted 377.2 million yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 845.3 million yuan in total assets and 406.8 million yuan in total liabilities, with a liability-to-asset ratio of 48.1%.