Deluxe Family Co.,Ltd.’s Net Profit Dropped 41.5% in First Quarter of 2022

Deluxe Family Co.,Ltd. (华丽家族股份有限公司) (600503.SH) reported a net profit of 63.8 million yuan in the first quarter of 2022, down 41.5% year-on-year.

Meanwhile, the company posted 6.8 million yuan in revenue, down 98.5% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 26.9%.