Better Life Commercial Chain Share Co.,Ltd.’s Net Profit Dropped 82.9% in First Three Quarters of 2022

Better Life Commercial Chain Share Co.,Ltd. (步步高商业连锁股份有限公司) (002251.SZ) reported a net profit of 33.6 million yuan in the first three quarters of 2022, down 82.9% year-on-year.

Meanwhile, the company posted 8 billion yuan in revenue, down 23.9% year-on-year.

At the end of the reporting period, it had 30.3 billion yuan in total assets and 22.6 billion yuan in total liabilities, with a liability-to-asset ratio of 74.7%.