Shenzhen Ecobeauty Co.,Ltd.’s Net Profit Dropped 36.7% in First Quarter of 2022

Shenzhen Ecobeauty Co.,Ltd. (深圳美丽生态股份有限公司) (000010.SZ) reported a net profit of 4.9 million yuan in the first quarter of 2022, down 36.7% year-on-year.

Meanwhile, the company posted 183.9 million yuan in revenue, down 19.4% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 79.5%.