Hangzhou Everfine Photo-E-Info Co.,Ltd.’s Net Profit Dropped 10.4% in First Quarter of 2022

Hangzhou Everfine Photo-E-Info Co.,Ltd. (杭州远方光电信息股份有限公司) (300306.SZ) reported a net profit of 12.2 million yuan in the first quarter of 2022, down 10.4% year-on-year.

Meanwhile, the company posted 91.1 million yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 172.4 million yuan in total liabilities, with a liability-to-asset ratio of 10.2%.