Jiangsu Huaxicun Co.,Ltd.’s Net Profit Dropped 87.5% in First Quarter of 2022

Jiangsu Huaxicun Co.,Ltd. (江苏华西村股份有限公司) (000936.SZ) reported a net profit of 24.8 million yuan in the first quarter of 2022, down 87.5% year-on-year.

Meanwhile, the company posted 671.1 million yuan in revenue, up 15.1% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 21.8%.