Camel Group Co.,Ltd.’s Net Profit Dropped 48.9% in First Quarter of 2022

Camel Group Co.,Ltd. (骆驼集团股份有限公司) (601311.SH) reported a net profit of 144.3 million yuan in the first quarter of 2022, down 48.9% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 3.5% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 33.2%.