Zynp Corporation’s Net Profit Dropped 31.7% in First Quarter of 2022

Zynp Corporation (中原内配集团股份有限公司) (002448.SZ) reported a net profit of 46.2 million yuan in the first quarter of 2022, down 31.7% year-on-year.

Meanwhile, the company posted 566.5 million yuan in revenue, down 13.3% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.