Luxin Venture Capital Group Co.,Ltd. Posted 48.1 Million Yuan Net Profit in First Quarter of 2022

Luxin Venture Capital Group Co.,Ltd. (鲁信创业投资集团股份有限公司) (600783.SH) reported a net profit of 48.1 million yuan in the first quarter of 2022, reversing a net loss of 52.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 22.7 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 40.3%.