Hengdian Group Tospo Lighting Co.,Ltd.’s Net Profit Dropped 37.6% in First Quarter of 2022

Hengdian Group Tospo Lighting Co.,Ltd. (横店集团得邦照明股份有限公司) (603303.SH) reported a net profit of 59.5 million yuan in the first quarter of 2022, down 37.6% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 4.6% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.