Ccoop Group Co.,Ltd. Posted 7.9 Million Yuan Net Profit in First Quarter of 2022

Ccoop Group Co.,Ltd. (供销大集集团股份有限公司) (000564.SZ) reported a net profit of 7.9 million yuan in the first quarter of 2022, reversing a net loss of 167.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 362.1 million yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 26.9 billion yuan in total assets and 14.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.6%.