Zhejiang China Commodities City Group Co.,Ltd.’s Net Profit Rose 78.7% in First Quarter of 2022

Zhejiang China Commodities City Group Co.,Ltd. (浙江中国小商品城集团股份有限公司) (600415.SH) reported a net profit of 670.3 million yuan in the first quarter of 2022, up 78.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 106.7% year-on-year.

At the end of the reporting period, it had 31.4 billion yuan in total assets and 16.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.5%.