Qingdao Sentury Tire Co.,Ltd.’s Net Profit Rose 2.7% in First Quarter of 2022

Qingdao Sentury Tire Co.,Ltd. (青岛森麒麟轮胎股份有限公司) (002984.SZ) reported a net profit of 233.1 million yuan in the first quarter of 2022, up 2.7% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 21.1% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 31.9%.