Guangzhou Haige Communications Group Incorporated Company’s Net Profit Rose 7.6% in First Quarter of 2022

Guangzhou Haige Communications Group Incorporated Company (广州海格通信集团股份有限公司) (002465.SZ) reported a net profit of 47.9 million yuan in the first quarter of 2022, up 7.6% year-on-year.

Meanwhile, the company posted 937.8 million yuan in revenue, up 7.5% year-on-year.

At the end of the reporting period, it had 14.8 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 26%.