Shenzhen Topband Co.,Ltd.’s Net Profit Dropped 61.1% in First Quarter of 2022

Shenzhen Topband Co.,Ltd. (深圳拓邦股份有限公司) (002139.SZ) reported a net profit of 94.3 million yuan in the first quarter of 2022, down 61.1% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 46.1%.