Anker Innovations Technology Co.,Ltd.’s Net Profit Dropped 5.5% in First Quarter of 2022

Anker Innovations Technology Co.,Ltd. (安克创新科技股份有限公司) (300866.SZ) reported a net profit of 202.1 million yuan in the first quarter of 2022, down 5.5% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 18% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 24.5%.