Qinghai Huzhu Tianyoude Highland Barley Spirit Co.,Ltd.’s Net Profit Rose 54.4% in First Quarter of 2022

Qinghai Huzhu Tianyoude Highland Barley Spirit Co.,Ltd. (青海互助天佑德青稞酒股份有限公司) (002646.SZ) reported a net profit of 109.2 million yuan in the first quarter of 2022, up 54.4% year-on-year.

Meanwhile, the company posted 422.6 million yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 391.6 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.