Sino Wealth Electronic Co.,Ltd.’s Net Profit Rose 89.3% in First Quarter of 2022

Sino Wealth Electronic Co.,Ltd. (中颖电子股份有限公司) (300327.SZ) reported a net profit of 125.7 million yuan in the first quarter of 2022, up 89.3% year-on-year.

Meanwhile, the company posted 464 million yuan in revenue, up 51.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 348.9 million yuan in total liabilities, with a liability-to-asset ratio of 19.3%.