Xiamen Xiangyu Co.,Ltd.’s Net Profit Rose 40.8% in First Quarter of 2022

Xiamen Xiangyu Co.,Ltd. (厦门象屿股份有限公司) (600057.SH) reported a net profit of 697.5 million yuan in the first quarter of 2022, up 40.8% year-on-year.

Meanwhile, the company posted 113.9 billion yuan in revenue, up 27.4% year-on-year.

At the end of the reporting period, it had 125.3 billion yuan in total assets and 92.7 billion yuan in total liabilities, with a liability-to-asset ratio of 74%.