Chaozhou Three-Circle(Group) Co.,Ltd.’s Net Profit Rose 1.5% in First Quarter of 2022

Chaozhou Three-Circle(Group) Co.,Ltd. (潮州三环(集团)股份有限公司) (300408.SZ) reported a net profit of 498 million yuan in the first quarter of 2022, up 1.5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 18.8 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 11.5%.