Beijing Global Safety Technology Co.,Ltd. Posted 18.5 Million Yuan Net Profit in First Quarter of 2022

Beijing Global Safety Technology Co.,Ltd. (北京辰安科技股份有限公司) (300523.SZ) reported a net profit of 18.5 million yuan in the first quarter of 2022, reversing a net loss of 76.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 191.3 million yuan in revenue, up 49.2% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.