Yinchuan Xinhua Commercial(Group) Co.,Ltd.’s Net Profit Rose 2375.7% in First Three Quarters of 2022

Yinchuan Xinhua Commercial(Group) Co.,Ltd. (银川新华百货商业集团股份有限公司) (600785.SH) reported a net profit of 112.9 million yuan in the first three quarters of 2022, up 2375.7% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 76.8%.