Huangshan Novel Co.,Ltd.’s Net Profit Rose 7.3% in First Quarter of 2022

Huangshan Novel Co.,Ltd. (黄山永新股份有限公司) (002014.SZ) reported a net profit of 66.2 million yuan in the first quarter of 2022, up 7.3% year-on-year.

Meanwhile, the company posted 724 million yuan in revenue, up 0.1% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.7%.