Black Peony(Group) Co.,Ltd.’s Net Profit Dropped 74.7% in First Three Quarters of 2022

Black Peony(Group) Co.,Ltd. (黑牡丹(集团)股份有限公司) (600510.SH) reported a net profit of 209.8 million yuan in the first three quarters of 2022, down 74.7% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 26.4% year-on-year.

At the end of the reporting period, it had 36 billion yuan in total assets and 25.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.