Shen Ma Industry Co.,Ltd.’s Net Profit Dropped 0.4% in First Quarter of 2022

Shen Ma Industry Co.,Ltd. (神马实业股份有限公司) (600810.SH) reported a net profit of 368.4 million yuan in the first quarter of 2022, down 0.4% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, up 28.7% year-on-year.

At the end of the reporting period, it had 27.2 billion yuan in total assets and 18.5 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.