China Vanke Co.,Ltd.’s Net Profit Rose 10.7% in First Three Quarters of 2022

China Vanke Co.,Ltd. (万科企业股份有限公司) (000002.SZ) reported a net profit of 27.2 billion yuan in the first three quarters of 2022, up 10.7% year-on-year.

Meanwhile, the company posted 337.7 billion yuan in revenue, up 24.4% year-on-year.

At the end of the reporting period, it had 1.8 trillion yuan in total assets and 1.4 trillion yuan in total liabilities, with a liability-to-asset ratio of 77.9%.