Ningbo Peacebird Fashion Co.,Ltd.’s Net Profit Dropped 72.5% in First Three Quarters of 2022

Ningbo Peacebird Fashion Co.,Ltd. (宁波太平鸟时尚服饰股份有限公司) (603877.SH) reported a net profit of 152 million yuan in the first three quarters of 2022, down 72.5% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.