Sinoma Science&Technology Co.,Ltd.’s Net Profit Rose 26.6% in First Quarter of 2022

Sinoma Science&Technology Co.,Ltd. (中材科技股份有限公司) (002080.SZ) reported a net profit of 777.4 million yuan in the first quarter of 2022, up 26.6% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, up 15.9% year-on-year.

At the end of the reporting period, it had 40.8 billion yuan in total assets and 24.4 billion yuan in total liabilities, with a liability-to-asset ratio of 59.8%.