Zhuzhou Hongda Electronics Corp.,Ltd.’s Net Profit Rose 5.1% in First Quarter of 2022

Zhuzhou Hongda Electronics Corp.,Ltd. (株洲宏达电子股份有限公司) (300726.SZ) reported a net profit of 193.1 million yuan in the first quarter of 2022, up 5.1% year-on-year.

Meanwhile, the company posted 429.1 million yuan in revenue, up 13.1% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 855.6 million yuan in total liabilities, with a liability-to-asset ratio of 16.9%.