Stanley Agriculture Group Co.,Ltd.’s Net Profit Rose 46.8% in First Quarter of 2022

Stanley Agriculture Group Co.,Ltd. (史丹利农业集团股份有限公司) (002588.SZ) reported a net profit of 146.8 million yuan in the first quarter of 2022, up 46.8% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 77% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.5%.