Shandong Head Group Co.,Ltd.’s Net Profit Rose 20.7% in First Quarter of 2022

Shandong Head Group Co.,Ltd. (山东赫达集团股份有限公司) (002810.SZ) reported a net profit of 96.3 million yuan in the first quarter of 2022, up 20.7% year-on-year.

Meanwhile, the company posted 391.8 million yuan in revenue, up 19.1% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.