Hongli Zhihui Group Co.,Ltd.’s Net Profit Dropped 11.4% in First Quarter of 2022

Hongli Zhihui Group Co.,Ltd. (鸿利智汇集团股份有限公司) (300219.SZ) reported a net profit of 52.8 million yuan in the first quarter of 2022, down 11.4% year-on-year.

Meanwhile, the company posted 836.8 million yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.2%.