China Baoan Group Co.,Ltd.’s Net Profit Rose 27.5% in First Quarter of 2022

China Baoan Group Co.,Ltd. (中国宝安集团股份有限公司) (000009.SZ) reported a net profit of 451 million yuan in the first quarter of 2022, up 27.5% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, up 53.3% year-on-year.

At the end of the reporting period, it had 40.9 billion yuan in total assets and 24.7 billion yuan in total liabilities, with a liability-to-asset ratio of 60.4%.