Beijing Longruan Technologies Inc.’s Net Profit Rose 216.8% in First Quarter of 2022

Beijing Longruan Technologies Inc. (北京龙软科技股份有限公司) (688078.SH) reported a net profit of 9.2 million yuan in the first quarter of 2022, up 216.8% year-on-year.

Meanwhile, the company posted 42.7 million yuan in revenue, up 70.8% year-on-year.

At the end of the reporting period, it had 679.4 million yuan in total assets and 101.1 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.