Hangzhou Great Star Industrial Co.,Ltd.’s Net Profit Dropped 28.9% in First Quarter of 2022

Hangzhou Great Star Industrial Co.,Ltd. (杭州巨星科技股份有限公司) (002444.SZ) reported a net profit of 186.9 million yuan in the first quarter of 2022, down 28.9% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 45.2% year-on-year.

At the end of the reporting period, it had 17.2 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 36.5%.