Merit Interactive Co.,Ltd.’s Net Profit Dropped 12.1% in First Quarter of 2022

Merit Interactive Co.,Ltd. (每日互动股份有限公司) (300766.SZ) reported a net profit of 18.4 million yuan in the first quarter of 2022, down 12.1% year-on-year.

Meanwhile, the company posted 159.9 million yuan in revenue, up 23.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 376.5 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.