Greenland Holdings Corporation Limited’s Net Profit Dropped 35.2% in First Three Quarters of 2022

Greenland Holdings Corporation Limited (绿地控股集团股份有限公司) (600606.SH) reported a net profit of 9.8 billion yuan in the first three quarters of 2022, down 35.2% year-on-year.

Meanwhile, the company posted 305.8 billion yuan in revenue, down 28.3% year-on-year.

At the end of the reporting period, it had 1.3 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 87.4%.