Baoxiniao Holding Co.,Ltd.’s Net Profit Rose 12.8% in First Quarter of 2022

Baoxiniao Holding Co.,Ltd. (报喜鸟控股股份有限公司) (002154.SZ) reported a net profit of 205.6 million yuan in the first quarter of 2022, up 12.8% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 16.3% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 26%.