Apr 27, 2022 08:00 AM

Wuchan Zhongda Group Co.,Ltd.’s Net Profit Rose 16.7% in First Quarter of 2022

By Caixin Automation

Wuchan Zhongda Group Co.,Ltd. (物产中大集团股份有限公司) (600704.SH) reported a net profit of 1.5 billion yuan in the first quarter of 2022, up 16.7% year-on-year.

Meanwhile, the company posted 118.6 billion yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 163.4 billion yuan in total assets and 122.5 billion yuan in total liabilities, with a liability-to-asset ratio of 75%.

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