Shenzhen Kingsun Science&Technology Co.,Ltd.’s Net Profit Dropped 16.8% in First Quarter of 2022

Shenzhen Kingsun Science&Technology Co.,Ltd. (深圳市方直科技股份有限公司) (300235.SZ) reported a net profit of 13 million yuan in the first quarter of 2022, down 16.8% year-on-year.

Meanwhile, the company posted 35.8 million yuan in revenue, down 12.2% year-on-year.

At the end of the reporting period, it had 703.4 million yuan in total assets and 27.5 million yuan in total liabilities, with a liability-to-asset ratio of 3.9%.