Liaoning Chengda Co.,Ltd.’s Net Profit Dropped 26.4% in First Quarter of 2022

Liaoning Chengda Co.,Ltd. (辽宁成大股份有限公司) (600739.SH) reported a net profit of 502.1 million yuan in the first quarter of 2022, down 26.4% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 48 billion yuan in total assets and 16.1 billion yuan in total liabilities, with a liability-to-asset ratio of 33.5%.