Konka Group Co.,Ltd.’s Net Profit Rose 69.2% in First Quarter of 2022

Konka Group Co.,Ltd. (康佳集团股份有限公司) (000016.SZ) reported a net profit of 31.7 million yuan in the first quarter of 2022, up 69.2% year-on-year.

Meanwhile, the company posted 8.3 billion yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 40.5 billion yuan in total assets and 30.1 billion yuan in total liabilities, with a liability-to-asset ratio of 74.3%.