Beijing Huafeng Test&Control Technology Co.,Ltd.’s Net Profit Rose 355.7% in First Quarter of 2022

Beijing Huafeng Test&Control Technology Co.,Ltd. (北京华峰测控技术股份有限公司) (688200.SH) reported a net profit of 122.2 million yuan in the first quarter of 2022, up 355.7% year-on-year.

Meanwhile, the company posted 259.5 million yuan in revenue, up 124% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 334.5 million yuan in total liabilities, with a liability-to-asset ratio of 11.3%.