Guangdong Delian Group Co.,Ltd.’s Net Profit Dropped 32.2% in First Quarter of 2022

Guangdong Delian Group Co.,Ltd. (广东德联集团股份有限公司) (002666.SZ) reported a net profit of 36.8 million yuan in the first quarter of 2022, down 32.2% year-on-year.

Meanwhile, the company posted 880.6 million yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 23.6%.