Qiaoyin City Management Co.,Ltd.’s Net Profit Dropped 14.3% in First Three Quarters of 2022

Qiaoyin City Management Co.,Ltd. (侨银城市管理股份有限公司) (002973.SZ) reported a net profit of 227 million yuan in the first three quarters of 2022, down 14.3% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 19.7% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 67.4%.