Hangzhou Jiebai Group Co.,Limited.’s Net Profit Dropped 31% in First Half of 2022

Hangzhou Jiebai Group Co.,Limited. (杭州解百集团股份有限公司) (600814.SH) reported a net profit of 265.6 million yuan in the first half of 2022, down 31% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 14.2% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.