Cheng De Lolo Co.,Ltd.’s Net Profit Rose 11.2% in First Quarter of 2022

Cheng De Lolo Co.,Ltd. (承德露露股份公司) (000848.SZ) reported a net profit of 235.2 million yuan in the first quarter of 2022, up 11.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 14.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 746.1 million yuan in total liabilities, with a liability-to-asset ratio of 22.1%.