Yonyou Network Technology Co.,Ltd.’s Net Profit Dropped 67.1% in 2022

Yonyou Network Technology Co.,Ltd. (用友网络科技股份有限公司) (600588.SH) reported a net profit of 224.8 million yuan in 2022, down 67.1% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, up 3.7% year-on-year.

At the end of the reporting period, it had 23.6 billion yuan in total assets and 11 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.