Ruitai Materials Technology Co.,Ltd.’s Net Profit Rose 2.5% in First Quarter of 2022

Ruitai Materials Technology Co.,Ltd. (瑞泰科技股份有限公司) (002066.SZ) reported a net profit of 37.7 million yuan in the first quarter of 2022, up 2.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 8.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.