Shenzhen Ellassay Fashion Co.,Ltd.’s Net Profit Dropped 42.6% in First Quarter of 2022

Shenzhen Ellassay Fashion Co.,Ltd. (深圳歌力思服饰股份有限公司) (603808.SH) reported a net profit of 57.1 million yuan in the first quarter of 2022, down 42.6% year-on-year.

Meanwhile, the company posted 628 million yuan in revenue, up 17.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 32.2%.