Grandjoy Holdings Group Co.,Ltd.’s Net Profit Dropped 38.2% in First Three Quarters of 2022

Grandjoy Holdings Group Co.,Ltd. (大悦城控股集团股份有限公司) (000031.SZ) reported a net profit of 1.1 billion yuan in the first three quarters of 2022, down 38.2% year-on-year.

Meanwhile, the company posted 24.9 billion yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 215.1 billion yuan in total assets and 163.7 billion yuan in total liabilities, with a liability-to-asset ratio of 76.1%.