Zhejiang Orient Financial Holdings Group Co.,Ltd.’s Net Profit Dropped 43.4% in First Quarter of 2022

Zhejiang Orient Financial Holdings Group Co.,Ltd. (浙江东方金融控股集团股份有限公司) (600120.SH) reported a net profit of 53.1 million yuan in the first quarter of 2022, down 43.4% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 18.5% year-on-year.

At the end of the reporting period, it had 29.9 billion yuan in total assets and 15.9 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.