Xilinmen Furniture Co.,Ltd.’s Net Profit Dropped 37.5% in First Quarter of 2022

Xilinmen Furniture Co.,Ltd. (喜临门家具股份有限公司) (603008.SH) reported a net profit of 60.9 million yuan in the first quarter of 2022, down 37.5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.4%.