Wuhu Token Sciences Co.,Ltd.’s Net Profit Dropped 20.4% in First Quarter of 2022

Wuhu Token Sciences Co.,Ltd. (芜湖长信科技股份有限公司) (300088.SZ) reported a net profit of 188.4 million yuan in the first quarter of 2022, down 20.4% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 30%.