Beijing Topnew Info&Tech Co.,Ltd.’s Net Profit Dropped 2.5% in First Quarter of 2022

Beijing Topnew Info&Tech Co.,Ltd. (北京铜牛信息科技股份有限公司) (300895.SZ) reported a net profit of 8.1 million yuan in the first quarter of 2022, down 2.5% year-on-year.

Meanwhile, the company posted 118.5 million yuan in revenue, up 102% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 346.8 million yuan in total liabilities, with a liability-to-asset ratio of 22.3%.