Shanghai Kindly Enterprise Development Group Co.,Ltd.’s Net Profit Rose 54.1% in First Quarter of 2022

Shanghai Kindly Enterprise Development Group Co.,Ltd. (上海康德莱企业发展集团股份有限公司) (603987.SH) reported a net profit of 103.6 million yuan in the first quarter of 2022, up 54.1% year-on-year.

Meanwhile, the company posted 867.5 million yuan in revenue, up 28.8% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 35%.