Est Tools Co.,Ltd.’s Net Profit Rose 40.5% in First Quarter of 2022

Est Tools Co.,Ltd. (恒锋工具股份有限公司) (300488.SZ) reported a net profit of 29.2 million yuan in the first quarter of 2022, up 40.5% year-on-year.

Meanwhile, the company posted 116.7 million yuan in revenue, up 21.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 243.4 million yuan in total liabilities, with a liability-to-asset ratio of 16.5%.