Shanghai Bailian Group Co.,Ltd.’s Net Profit Dropped 2.9% in 2022

Shanghai Bailian Group Co.,Ltd. (上海百联集团股份有限公司) (600827.SH) reported a net profit of 614.4 million yuan in 2022, down 2.9% year-on-year.

Meanwhile, the company posted 32.3 billion yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 57.7 billion yuan in total assets and 37.6 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.