Guizhou Zhongyida Co.,Ltd.’s Net Profit Dropped 21% in First Quarter of 2022

Guizhou Zhongyida Co.,Ltd. (贵州中毅达股份有限公司) (600610.SH) reported a net profit of 18 million yuan in the first quarter of 2022, down 21% year-on-year.

Meanwhile, the company posted 343.1 million yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 89%.