Inventronics(Hangzhou) Inc.’s Net Profit Dropped 48.9% in First Quarter of 2022

Inventronics(Hangzhou) Inc. (英飞特电子(杭州)股份有限公司) (300582.SZ) reported a net profit of 19 million yuan in the first quarter of 2022, down 48.9% year-on-year.

Meanwhile, the company posted 325.4 million yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 849.5 million yuan in total liabilities, with a liability-to-asset ratio of 36.8%.