Hangzhou Jiebai Group Co.,Limited.’s Net Profit Dropped 9.3% in First Three Quarters of 2022

Hangzhou Jiebai Group Co.,Limited. (杭州解百集团股份有限公司) (600814.SH) reported a net profit of 426.5 million yuan in the first three quarters of 2022, down 9.3% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 6.3% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.