Apr 27, 2022 08:00 AM

Qingdao Novelbeam Technology Co.,Ltd.’s Net Profit Rose 36.6% in First Quarter of 2022

By Caixin Automation

Qingdao Novelbeam Technology Co.,Ltd. (青岛海泰新光科技股份有限公司) (688677.SH) reported a net profit of 35.6 million yuan in the first quarter of 2022, up 36.6% year-on-year.

Meanwhile, the company posted 93.5 million yuan in revenue, up 39.2% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 79.6 million yuan in total liabilities, with a liability-to-asset ratio of 6.6%.

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