Hla Group Corp.,Ltd.’s Net Profit Dropped 15.9% in First Three Quarters of 2022

Hla Group Corp.,Ltd. (海澜之家集团股份有限公司) (600398.SH) reported a net profit of 1.7 billion yuan in the first three quarters of 2022, down 15.9% year-on-year.

Meanwhile, the company posted 13.7 billion yuan in revenue, down 3.4% year-on-year.

At the end of the reporting period, it had 31.2 billion yuan in total assets and 16.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.