Guangdong Hec Technology Holding Co.,Ltd. Posted 299.7 Million Yuan Net Profit in First Quarter of 2022

Guangdong Hec Technology Holding Co.,Ltd. (广东东阳光科技控股股份有限公司) (600673.SH) reported a net profit of 299.7 million yuan in the first quarter of 2022, reversing a net loss of 80.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 8.9% year-on-year.

At the end of the reporting period, it had 23.2 billion yuan in total assets and 13.8 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.