Luolai Lifestyle Technology Co.,Ltd.’s Net Profit Dropped 12.7% in First Quarter of 2022

Luolai Lifestyle Technology Co.,Ltd. (罗莱生活科技股份有限公司) (002293.SZ) reported a net profit of 159.7 million yuan in the first quarter of 2022, down 12.7% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 2.5% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 32%.