Guangdong Topstrong Living Innovation&Integration Co.,Ltd.’s Net Profit Dropped 78% in First Quarter of 2022

Guangdong Topstrong Living Innovation&Integration Co.,Ltd. (广东顶固集创家居股份有限公司) (300749.SZ) reported a net profit of 3.1 million yuan in the first quarter of 2022, down 78% year-on-year.

Meanwhile, the company posted 183.3 million yuan in revenue, up 8% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 822.4 million yuan in total liabilities, with a liability-to-asset ratio of 53.6%.