Shanghai Wanye Enterprises Co.,Ltd.’s Net Profit Dropped 85.9% in First Three Quarters of 2022

Shanghai Wanye Enterprises Co.,Ltd. (上海万业企业股份有限公司) (600641.SH) reported a net profit of 42.6 million yuan in the first three quarters of 2022, down 85.9% year-on-year.

Meanwhile, the company posted 250.2 million yuan in revenue, down 61.3% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 18.9%.