Mls Co.,Ltd.’s Net Profit Dropped 39.9% in First Quarter of 2022

Mls Co.,Ltd. (木林森股份有限公司) (002745.SZ) reported a net profit of 178.5 million yuan in the first quarter of 2022, down 39.9% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 27.5 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.