Goldenmax International Group Ltd.’s Net Profit Dropped 93.6% in First Quarter of 2022

Goldenmax International Group Ltd. (金安国纪集团股份有限公司) (002636.SZ) reported a net profit of 16.5 million yuan in the first quarter of 2022, down 93.6% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 26.5% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.