Zhejiang Semir Garment Co.,Ltd.’s Net Profit Dropped 42.9% in First Quarter of 2022

Zhejiang Semir Garment Co.,Ltd. (浙江森马服饰股份有限公司) (002563.SZ) reported a net profit of 200.5 million yuan in the first quarter of 2022, down 42.9% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 19 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.4%.