Grandjoy Holdings Group Co.,Ltd.’s Net Profit Rose 61.6% in First Quarter of 2022

Grandjoy Holdings Group Co.,Ltd. (大悦城控股集团股份有限公司) (000031.SZ) reported a net profit of 791.5 million yuan in the first quarter of 2022, up 61.6% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 210.5 billion yuan in total assets and 157.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.8%.