Luolai Lifestyle Technology Co.,Ltd.’s Net Profit Dropped 21.3% in First Half of 2022

Luolai Lifestyle Technology Co.,Ltd. (罗莱生活科技股份有限公司) (002293.SZ) reported a net profit of 223.2 million yuan in the first half of 2022, down 21.3% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 5.7% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.