Hailun Piano Co.,Ltd.’s Net Profit Dropped 77.8% in First Three Quarters of 2022

Hailun Piano Co.,Ltd. (海伦钢琴股份有限公司) (300329.SZ) reported a net profit of 8.1 million yuan in the first three quarters of 2022, down 77.8% year-on-year.

Meanwhile, the company posted 293.3 million yuan in revenue, down 24.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 485.5 million yuan in total liabilities, with a liability-to-asset ratio of 34.5%.