Changchun Eurasia Group Co.,Ltd.’s Net Profit Dropped 38.9% in First Quarter of 2022

Changchun Eurasia Group Co.,Ltd. (长春欧亚集团股份有限公司) (600697.SH) reported a net profit of 33.7 million yuan in the first quarter of 2022, down 38.9% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 22.4 billion yuan in total assets and 17.8 billion yuan in total liabilities, with a liability-to-asset ratio of 79.6%.