Caixin
Nov 01, 2022 08:00 AM

Lakala Payment Co.,Ltd.’s Net Profit Dropped 51.8% in First Three Quarters of 2022

00:00
00:00/00:00
Listen to this article 1x

Lakala Payment Co.,Ltd. (拉卡拉支付股份有限公司) (300773.SZ) reported a net profit of 413.2 million yuan in the first three quarters of 2022, down 51.8% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 11.6% year-on-year.

At the end of the reporting period, it had 12.3 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.7%.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning
00:00
00:00/00:00