Hangzhou Sunrise Technology Co.,Ltd.’s Net Profit Rose 21% in First Quarter of 2022

Hangzhou Sunrise Technology Co.,Ltd. (杭州炬华科技股份有限公司) (300360.SZ) reported a net profit of 71.9 million yuan in the first quarter of 2022, up 21% year-on-year.

Meanwhile, the company posted 293.7 million yuan in revenue, up 37.6% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 573.9 million yuan in total liabilities, with a liability-to-asset ratio of 17.3%.