Hangzhou Binjiang Real Estate Group Co.,Ltd.’s Net Profit Rose 1.8% in First Three Quarters of 2022

Hangzhou Binjiang Real Estate Group Co.,Ltd. (杭州滨江房产集团股份有限公司) (002244.SZ) reported a net profit of 2.3 billion yuan in the first three quarters of 2022, up 1.8% year-on-year.

Meanwhile, the company posted 19.9 billion yuan in revenue, down 18.7% year-on-year.

At the end of the reporting period, it had 274 billion yuan in total assets and 227.8 billion yuan in total liabilities, with a liability-to-asset ratio of 83.1%.