Baida Group Co.,Ltd.’s Net Profit Dropped 11.3% in First Three Quarters of 2022

Baida Group Co.,Ltd. (百大集团股份有限公司) (600865.SH) reported a net profit of 126.9 million yuan in the first three quarters of 2022, down 11.3% year-on-year.

Meanwhile, the company posted 165.1 million yuan in revenue, down 8.2% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 292.7 million yuan in total liabilities, with a liability-to-asset ratio of 11.2%.