Miracle Automation Engineering Co.,Ltd.’s Net Profit Rose 105.8% in First Quarter of 2022

Miracle Automation Engineering Co.,Ltd. (天奇自动化工程股份有限公司) (002009.SZ) reported a net profit of 86.7 million yuan in the first quarter of 2022, up 105.8% year-on-year.

Meanwhile, the company posted 943.6 million yuan in revenue, up 29.9% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.1%.