Shanghai Sanmao Enterprise(Group) Co.,Ltd.’s Net Profit Dropped 78.4% in First Three Quarters of 2022

Shanghai Sanmao Enterprise(Group) Co.,Ltd. (上海三毛企业(集团)股份有限公司) (600689.SH) reported a net profit of 2 million yuan in the first three quarters of 2022, down 78.4% year-on-year.

Meanwhile, the company posted 713.4 million yuan in revenue, up 28.8% year-on-year.

At the end of the reporting period, it had 774.7 million yuan in total assets and 334.5 million yuan in total liabilities, with a liability-to-asset ratio of 43.2%.