Shanghai Ganglian E-Commerce Holdings Co.,Ltd.’s Net Profit Dropped 2.2% in 2022

Shanghai Ganglian E-Commerce Holdings Co.,Ltd. (上海钢联电子商务股份有限公司) (300226.SZ) reported a net profit of 344.9 million yuan in 2022, down 2.2% year-on-year.

Meanwhile, the company posted 76.6 billion yuan in revenue, up 16.4% year-on-year.

At the end of the reporting period, it had 13.8 billion yuan in total assets and 9.9 billion yuan in total liabilities, with a liability-to-asset ratio of 71.4%.