Guangdong Great River Smarter Logistics Co.,Ltd.’s Net Profit Dropped 19.6% in First Quarter of 2022

Guangdong Great River Smarter Logistics Co.,Ltd. (广东宏川智慧物流股份有限公司) (002930.SZ) reported a net profit of 58.9 million yuan in the first quarter of 2022, down 19.6% year-on-year.

Meanwhile, the company posted 269.5 million yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64%.