Shenzhen Tellus Holding Co.,Ltd.’s Net Profit Rose 55% in First Quarter of 2022

Shenzhen Tellus Holding Co.,Ltd. (深圳市特力(集团)股份有限公司) (000025.SZ) reported a net profit of 33.4 million yuan in the first quarter of 2022, up 55% year-on-year.

Meanwhile, the company posted 140.1 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 401.6 million yuan in total liabilities, with a liability-to-asset ratio of 21.2%.