Xiamen Wanli Stone Stock Co.,Ltd.’s Net Profit Dropped 77.2% in First Quarter of 2022

Xiamen Wanli Stone Stock Co.,Ltd. (厦门万里石股份有限公司) (002785.SZ) reported a net profit of 5.3 million yuan in the first quarter of 2022, down 77.2% year-on-year.

Meanwhile, the company posted 270.7 million yuan in revenue, up 21% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 651.3 million yuan in total liabilities, with a liability-to-asset ratio of 50.6%.