Guangzhou Holike Creative Home Co.,Ltd.’s Net Profit Dropped 5.2% in First Quarter of 2022

Guangzhou Holike Creative Home Co.,Ltd. (广州好莱客创意家居股份有限公司) (603898.SH) reported a net profit of 54.8 million yuan in the first quarter of 2022, down 5.2% year-on-year.

Meanwhile, the company posted 615.2 million yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.7%.