Guanghui Logistics Co.,Ltd.’s Net Profit Dropped 67% in First Quarter of 2022

Guanghui Logistics Co.,Ltd. (广汇物流股份有限公司) (600603.SH) reported a net profit of 51.7 million yuan in the first quarter of 2022, down 67% year-on-year.

Meanwhile, the company posted 204.1 million yuan in revenue, down 71.1% year-on-year.

At the end of the reporting period, it had 15.1 billion yuan in total assets and 9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.7%.