Guangdong Shirongzhaoye Co.,Ltd.’s Net Profit Dropped 24.4% in First Quarter of 2022

Guangdong Shirongzhaoye Co.,Ltd. (广东世荣兆业股份有限公司) (002016.SZ) reported a net profit of 62.3 million yuan in the first quarter of 2022, down 24.4% year-on-year.

Meanwhile, the company posted 223.6 million yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 28.4%.