Beijing Sanfo Outdoor Products Co.,Ltd.’s Net Profit Dropped 39.3% in First Quarter of 2022

Beijing Sanfo Outdoor Products Co.,Ltd. (北京三夫户外用品股份有限公司) (002780.SZ) reported a net profit of 2 million yuan in the first quarter of 2022, down 39.3% year-on-year.
Meanwhile, the company posted 131.3 million yuan in revenue, up 1.9% year-on-year.
At the end of the reporting period, it had 1.1 billion yuan in total assets and 334.4 million yuan in total liabilities, with a liability-to-asset ratio of 31.8%.
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