Hangzhou Jiebai Group Co.,Limited.’s Net Profit Dropped 23.9% in 2022

Hangzhou Jiebai Group Co.,Limited. (杭州解百集团股份有限公司) (600814.SH) reported a net profit of 465 million yuan in 2022, down 23.9% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.