Meter Instruments Co.,Ltd.’s Net Profit Rose 36.6% in First Quarter of 2022

Meter Instruments Co.,Ltd. (迈拓仪表股份有限公司) (301006.SZ) reported a net profit of 30.9 million yuan in the first quarter of 2022, up 36.6% year-on-year.

Meanwhile, the company posted 75.3 million yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 103.6 million yuan in total liabilities, with a liability-to-asset ratio of 8.5%.