Huafu Fashion Co.,Ltd.’s Net Profit Rose 12.4% in First Quarter of 2022

Huafu Fashion Co.,Ltd. (华孚时尚股份有限公司) (002042.SZ) reported a net profit of 157.6 million yuan in the first quarter of 2022, up 12.4% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 7.9% year-on-year.

At the end of the reporting period, it had 20.7 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 63%.