Fujian Nanping Sun Cable Co.,Ltd.’s Net Profit Rose 19.3% in First Quarter of 2022

Fujian Nanping Sun Cable Co.,Ltd. (福建南平太阳电缆股份有限公司) (002300.SZ) reported a net profit of 37.8 million yuan in the first quarter of 2022, up 19.3% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 23.2% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 58.4%.