Chengdu Dahongli Machinery Co.,Ltd.’s Net Profit Dropped 44.3% in First Quarter of 2022

Chengdu Dahongli Machinery Co.,Ltd. (成都大宏立机器股份有限公司) (300865.SZ) reported a net profit of 9.6 million yuan in the first quarter of 2022, down 44.3% year-on-year.

Meanwhile, the company posted 130.8 million yuan in revenue, up 27.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 254.1 million yuan in total liabilities, with a liability-to-asset ratio of 21.9%.