Suzhou C*Core Technology Co.,Ltd. Posted 307,363 Yuan Net Profit in First Quarter of 2022

Suzhou C*Core Technology Co.,Ltd. (苏州国芯科技股份有限公司) (688262.SH) reported a net profit of 307,363 yuan in the first quarter of 2022, reversing a net loss of 17.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 49.8 million yuan in revenue, up 90.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 126.7 million yuan in total liabilities, with a liability-to-asset ratio of 4.3%.