Luoniushan Co.,Ltd. Posted 31.5 Million Yuan Net Profit in First Three Quarters of 2022

Luoniushan Co.,Ltd. (罗牛山股份有限公司) (000735.SZ) reported a net profit of 31.5 million yuan in the first three quarters of 2022, reversing a net loss of 131.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 31.4% year-on-year.

At the end of the reporting period, it had 12.2 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 60.9%.