Lily Group Co.,Ltd.’s Net Profit Dropped 18.5% in First Quarter of 2022

Lily Group Co.,Ltd. (百合花集团股份有限公司) (603823.SH) reported a net profit of 68.1 million yuan in the first quarter of 2022, down 18.5% year-on-year.

Meanwhile, the company posted 646.3 million yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.