Guangdong Guoli Sci&Tech Co.,Ltd.’s Net Profit Rose 11.4% in First Quarter of 2022

Guangdong Guoli Sci&Tech Co.,Ltd. (广东国立科技股份有限公司) (300716.SZ) reported a net profit of 21 million yuan in the first quarter of 2022, up 11.4% year-on-year.

Meanwhile, the company posted 373.3 million yuan in revenue, down 29.1% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 77.3%.