Youon Technology Co.,Ltd.’s Net Profit Dropped 58.4% in First Quarter of 2022

Youon Technology Co.,Ltd. (永安行科技股份有限公司) (603776.SH) reported a net profit of 12 million yuan in the first quarter of 2022, down 58.4% year-on-year.

Meanwhile, the company posted 169.8 million yuan in revenue, down 15.9% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 28.2%.