Zhejiang Great Southeast Company Limited’s Net Profit Dropped 32.1% in First Quarter of 2022

Zhejiang Great Southeast Company Limited (浙江大东南股份有限公司) (002263.SZ) reported a net profit of 32.6 million yuan in the first quarter of 2022, down 32.1% year-on-year.

Meanwhile, the company posted 403.6 million yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 299.2 million yuan in total liabilities, with a liability-to-asset ratio of 10%.