Guangdong Tapai Group Co.,Ltd.’s Net Profit Dropped 84.7% in First Quarter of 2022

Guangdong Tapai Group Co.,Ltd. (广东塔牌集团股份有限公司) (002233.SZ) reported a net profit of 53.8 million yuan in the first quarter of 2022, down 84.7% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 16.4% year-on-year.

At the end of the reporting period, it had 13.5 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 11.2%.