China Union Holdings Ltd.’s Net Profit Dropped 54.5% in First Three Quarters of 2022

China Union Holdings Ltd. (华联控股股份有限公司) (000036.SZ) reported a net profit of 89 million yuan in the first three quarters of 2022, down 54.5% year-on-year.

Meanwhile, the company posted 502.1 million yuan in revenue, down 39.2% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 33.4%.