Fsilon Furnishing And Construction Materials Corporation’s Net Profit Dropped 46.4% in First Quarter of 2022

Fsilon Furnishing And Construction Materials Corporation (法狮龙家居建材股份有限公司) (605318.SH) reported a net profit of 5.4 million yuan in the first quarter of 2022, down 46.4% year-on-year.

Meanwhile, the company posted 117.5 million yuan in revenue, up 66.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 458.6 million yuan in total liabilities, with a liability-to-asset ratio of 35%.