Youngor Group Co.,Ltd.’s Net Profit Rose 262% in First Quarter of 2022

Youngor Group Co.,Ltd. (雅戈尔集团股份有限公司) (600177.SH) reported a net profit of 2.1 billion yuan in the first quarter of 2022, up 262% year-on-year.

Meanwhile, the company posted 7.4 billion yuan in revenue, up 290.9% year-on-year.

At the end of the reporting period, it had 76.9 billion yuan in total assets and 39.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.