Kidswant Children Products Co.,Ltd.’s Net Profit Dropped 36.5% in First Three Quarters of 2022

Kidswant Children Products Co.,Ltd. (孩子王儿童用品股份有限公司) (301078.SZ) reported a net profit of 150.3 million yuan in the first three quarters of 2022, down 36.5% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.