Hangzhou Shunwang Technology Co.,Ltd.’s Net Profit Dropped 51.4% in First Three Quarters of 2022

Hangzhou Shunwang Technology Co.,Ltd. (杭州顺网科技股份有限公司) (300113.SZ) reported a net profit of 86.6 million yuan in the first three quarters of 2022, down 51.4% year-on-year.

Meanwhile, the company posted 826.8 million yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 396.2 million yuan in total liabilities, with a liability-to-asset ratio of 13.9%.