Fujian Zhangzhou Development Co.,Ltd.’s Net Profit Rose 13.7% in First Quarter of 2022

Fujian Zhangzhou Development Co.,Ltd. (福建漳州发展股份有限公司) (000753.SZ) reported a net profit of 37.9 million yuan in the first quarter of 2022, up 13.7% year-on-year.

Meanwhile, the company posted 667.4 million yuan in revenue, up 4.1% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 67%.