Changhong Huayi Compressor Co.,Ltd.’s Net Profit Rose 92.5% in First Quarter of 2022

Changhong Huayi Compressor Co.,Ltd. (长虹华意压缩机股份有限公司) (000404.SZ) reported a net profit of 56.7 million yuan in the first quarter of 2022, up 92.5% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 9.3% year-on-year.

At the end of the reporting period, it had 12.5 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 62.7%.