Hanghai Belling Co.,Ltd.’s Net Profit Rose 2.8% in First Quarter of 2022

Hanghai Belling Co.,Ltd. (上海贝岭股份有限公司) (600171.SH) reported a net profit of 144.6 million yuan in the first quarter of 2022, up 2.8% year-on-year.

Meanwhile, the company posted 446.4 million yuan in revenue, up 4% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 766 million yuan in total liabilities, with a liability-to-asset ratio of 16.1%.