On April 13, Chengdu Hongqi Chain Co.Ltd(002697) disclosed the first quarterly report of 2022. In the first quarter of this year, the company realized an operating revenue of 2.44 billion yuan and a net profit attributable to shareholders of listed companies of 122 million yuan. The company said that during the reporting period, the investment income in the consolidated income statement (the net profit realized by investing in Xinwang bank and Gansu Hongqi was 21 million yuan) decreased by 32.59% year-on-year. After deducting this part of investment income, the net profit attributable to the shareholders of the company was 100 million yuan, a year-on-year increase of 9.12%.
Chengdu Hongqi Chain Co.Ltd(002697) in the first quarter, the net cash flow from operating activities increased year-on-year in the reporting period, mainly because the company gradually cleaned up, integrated and adjusted the stores and acquired stores that could not improve the surrounding passenger flow environment in the short term at the end of last year, which achieved good results. Therefore, the sales of stores increased steadily and the net cash inflow increased in the first quarter.
It is worth mentioning that Chengdu Hongqi Chain Co.Ltd(002697) recently held a 2021 performance presentation meeting. At the meeting, the company said that Chengdu is practicing the construction of a park city demonstration area with new development concept and the construction of Chengdu Chongqing double city economic circle, which will bring greater opportunities to the development of Chengdu Hongqi Chain Co.Ltd(002697) . At the same time, Chengdu Hongqi Chain Co.Ltd(002697) as the official supplier of the 31st Summer Universiade in Chengdu, is actively preparing for the Universiade.
