Global Infotech Co.,Ltd.’s Net Profit Dropped 93.4% in First Quarter of 2022

Global Infotech Co.,Ltd. (高伟达软件股份有限公司) (300465.SZ) reported a net profit of 1.1 million yuan in the first quarter of 2022, down 93.4% year-on-year.

Meanwhile, the company posted 218.9 million yuan in revenue, down 73.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 810.7 million yuan in total liabilities, with a liability-to-asset ratio of 53.4%.